Effects of Consolidation on the State of Competition in the Financial Services Industry

Effects of Consolidation on the State of Competition in the Financial Services Industry

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ability to issue other cards may create serious barriers to competition and cause harm to consumers.24 Congress should ensure ... major issuers of VISA and MasterCard, in no way harms the expansion of competition in the credit card business. ... cause for concern if banking regulators fail to adequately assess the effect that consolidation will have on consumers. ... The views I express today are my own.


Title:Effects of Consolidation on the State of Competition in the Financial Services Industry
Author: United States. Congress. House. Committee on the Judiciary
Publisher:Government Printing Office - 1999-01-01
ISBN-13:

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