Template-Type: ReDIF-Paper 1.0
Title: Open Markets in the Era of Fintech and Big Tech: Lessons for the Institutional Design of Competition Policy
Author-Name: Jens-Uwe Franck
Author-Email: jfranck@mail.uni-mannheim.de
Classification-JEL: K21
Keywords: competition policy, institutional design, competition law, regulation, market investigation, open banking, fintech, big tech, payment services


Abstract: This paper analyses three routes for the formation of market-opening rules: competition enforcement, legislation, and UK-style market investigation. 
Using case studies on facilitating market access for innovative payment services, we identify essential features and limitations of the different modes of 
rulemaking. The interrelation between them is explored, revealing the merits of having them available in parallel.


Note: 
Length: 40
Creation-Date: 2022-09
Revision-Date: 
File-URL: https://www.crctr224.de/research/discussion-papers/archive/dp367
File-Format: application/pdf
Handle: RePEc:bon:boncrc:CRCTR224_2022_367