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Barriers to Cross-Border Entry in European Retail Financial Services

In: Cross-Border Entry in European Retail Financial Services

Author

Listed:
  • Tobias C. Hoschka

    (University of Oxford)

Abstract

In a single European financial services market with no entry barriers we would expect price and efficiency differences to be eliminated by foreign entry. In practice, however, there are a range of entry barriers in the retail financial services sector. Generally, one can distinguish between regulatory barriers to cross-border entry and market- or industry inherent entry barriers.1 While the former are attacked by the internal market programme, the latter are likely to persist and remain largely unaffected by regulatory efforts towards market integration.

Suggested Citation

  • Tobias C. Hoschka, 1993. "Barriers to Cross-Border Entry in European Retail Financial Services," Palgrave Macmillan Books, in: Cross-Border Entry in European Retail Financial Services, chapter 0, pages 108-150, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22979-6_5
    DOI: 10.1007/978-1-349-22979-6_5
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