Tech’s Impact on Financial Services Competition

Concurrences Review, Richard S. Taffet, Katie Glynn, Jonathan M. Jacobson, Linda Cenedella, Joanna Christoforou, Nicholas Pellow, Jon R. Roellke, Jorge Padilla, Albert Riera, Xavier Vives, Marc Rysman and Rainer Schwabe, November 2021, N° 4-2021

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Technology’s impact on competition in the financial services sector is profound. It has changed the competitive landscape by laying the ground for new financial products and services offered by traditional banks, fintechs and big tech. This has created new issues for antitrust enforcement and regulation, the scope of which are continually to evolve. The question is – how will antitrust enforcement and regulation ensure procompetitive outcomes and increased innovation without creating adverse competitive impacts?

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Mexican Competition Authority (Mexico City)

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