Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

A Member of the Law Professor Blogs Network

Tuesday, August 9, 2011

Financial Services and Competition Law in the United Kingdom: The Quest for Pro-Competitive Objectives and Financial Tools

Posted by D. Daniel Sokol

Emanuela Lecchi (Watson, Farley & Williams) discusses Financial Services and Competition Law in the United Kingdom: The Quest for Pro-Competitive Objectives and Financial Tools.

ABSTRACT: In the United Kingdom, the debate on competition and financial services has focused lately on a fairly esoteric discussion about whether one of the new envisaged regulators, the Financial Conduct Authority (the "FCA"), should or should not have competition as a "primary objective." In this article we aim to clarify the terms of this debate. We provide first an overview of past competition enforcement activities in the financial services (I) and then turn to the proposed options for reform, which purport to promote both competition and stability in the sector (II). In this latter respect, we focus on the creation of the FCA and, in particular, on the indeterminacy of its powers (III).

 

http://lawprofessors.typepad.com/antitrustprof_blog/2011/08/financial-services-and-competition-law-in-the-united-kingdom-the-quest-for-pro-competitive-objective.html

| Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef01543458c529970c

Listed below are links to weblogs that reference Financial Services and Competition Law in the United Kingdom: The Quest for Pro-Competitive Objectives and Financial Tools :

Comments

Post a comment