IDEAS home Printed from https://ideas.repec.org/p/lau/crdeep/9802.html
   My bibliography  Save this paper

Die Fusion UBS-SBV aus der Sicht der Wettbewerbspolitik

Author

Listed:
  • Thomas VON UNGERN-STERNBERG
  • Damien NEVEN

Abstract

This paper examines the effects the planned merger between UBS and SBC would have on competition in the Swiss banking market. It is shown that the merger would lead to a dangerous level of concentration in certain submarkets such as the (economically important) market for credits to small and medium enterprises. The merger should be permitted only under severe remedies such as the selling of one of the domestic retail networks to an outside competitor. The merger would probalby not be allowed by the British, EU or US competiton authorities. In England there have been two attempts to merge two of the four universal banks in the last decade. Both have failed, largely as a result of competitive concerns.

Suggested Citation

  • Thomas VON UNGERN-STERNBERG & Damien NEVEN, 1998. "Die Fusion UBS-SBV aus der Sicht der Wettbewerbspolitik," Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) 9802, Université de Lausanne, Faculté des HEC, DEEP.
  • Handle: RePEc:lau:crdeep:9802
    as

    Download full text from publisher

    File URL: http://www.hec.unil.ch/deep/textes/9802.pdf
    Download Restriction: no

    More about this item

    Keywords

    banks; merger; competition policy; joint dominance; credit market;

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L8 - Industrial Organization - - Industry Studies: Services
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lau:crdeep:9802. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gaëlle Sarda). General contact details of provider: http://edirc.repec.org/data/deelsch.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.