Abstract
In a single European financial services market with no entry barriers we would expect price and efficiency differences to be eliminated by foreign entry. In practice, however, there are a range of entry barriers in the retail financial services sector. Generally, one can distinguish between regulatory barriers to cross-border entry and market- or industry inherent entry barriers.1 While the former are attacked by the internal market programme, the latter are likely to persist and remain largely unaffected by regulatory efforts towards market integration.
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© 1993 Tobias C. Hoschka
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Hoschka, T.C. (1993). Barriers to Cross-Border Entry in European Retail Financial Services. In: Cross-Border Entry in European Retail Financial Services. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22979-6_5
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DOI: https://doi.org/10.1007/978-1-349-22979-6_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22981-9
Online ISBN: 978-1-349-22979-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)