Template-Type: ReDIF-Paper 1.0
Title: Enforcing Fintech Competition: Some Reflections on Institutional Design
Author-Name: Jens-Uwe Franck
Author-Email: jfranck@mail.uni-mannheim.de
Classification-JEL: K20, K21, K22, K23, K42
Keywords: Fintech, Competition Enforcement, Enforcing Regulation, Institutional Design, Enforcement Style, Regulatory Capture

Abstract: This paper focuses on institutional design aspects of the enforcement of competition 
law and other procompetitive regulation in fintech markets. Those interventions may 
prove necessary because the market entry of technology-enabled innovation may 
depend on accessing other (competing) market operators’ data and facilities or the 
enabling of data portability and interoperability of complementing financial services. 
Basic choices of allocating enforcement powers are identified. Five institutional 
design topics are discussed: bureaucratic enforcement styles and strategies; efficient 
use of administrative resources; motivation of staff; treatment of conflicting regulatory 
objectives; and legitimising elements in competition procedures.

Note: 
Length: 21
Creation-Date: 2022-11
Revision-Date: 
File-URL: https://www.crctr224.de/research/discussion-papers/archive/dp375
File-Format: application/pdf
Handle: RePEc:bon:boncrc:CRCTR224_2022_375