The Israel Competition authority recommends opening the network between P2P payment apps opening the network between P2P payment apps

Israel Competition Authority, 21 July 2021

Click here to read the full article online

The first study conducted by the Israel Competition Authority (ICA) in the digital economy arena demonstrates how the presence of a "network effect" enables a single firm to dominate the market. The vast majority of Person-to-Person (P2P) transfers in mobile payment apps are executed using Bank Hapoalim’s apps "Bit". The study provides evidence for the presence of a network effect in P2P payments, making it very difficult for other apps to compete and increasing the likelihood of harm to users.

Authors

Testimonials

Christian Bovet
University of Geneva

Switzerland 7 contributions 21117 visits

Participating in the steering committee is an excellent opportunity to learn each time more about competition law, not only about its substance and trends, but also about the great diversity of this ever evolving matter. The Awards ensure the continuing renewal of authors and sources.
Alexandre Cordeiro Macedo
Brazilian Administrative Council for Economic Defense (CADE) (Brasilia)

Brazil 4 contributions 2653 visits

The Antitrust Writing Awards must be congratulated for its initiative of promoting the exchange of knowledge and research in competition policy. It was an unparalleled opportunity to be a member of the Board and present the Best Soft Law category. I feel honored and I commend Concurrences for organizing such an important endeavor.
Mel Marquis
Monash University

Italy 8 contributions 4248 visits

The Antitrust Writing Awards, established over a decade ago, are still going strong. The broad range of contributions and award winners this year reflect the staggering richness of legal and economic studies in this field.
Brenda Gisela Hernández Ramírez
Mexican Competition Authority (Mexico City)

Mexico

It is very inspiring to learn first-hand about the great work being done world-wide by academics, students, companies and authorities to address the antitrust challenges we are currently facing in the markets.
Inge Graef
University of Tilburg

4 contributions 5214 visits

The Antitrust Writing Awards illustrate the variety of topics and ideas in the competition community. They offer an excellent insight into current academic thinking and policy developments.