QA2019-20 - Importance on European / global scale

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Feb 01, 2024
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QA2019-20

Question


The mere notion of national market shares within Europe is questionable, in particular for services provided for corporates. In many instances data would be more significant at the level of the Eurozone.


Response


In the impact assessment, banks should also assess their importance in the EU and for the supply-side analysis, the bank should not limit itself to the national market only (i.e. if relevant, it should also take into account international competitors as alternative providers when assessing market concentration and time to substitution)