Competition issues in the Area of Financial Technology (FinTech): Study presentation

The study presented in this event deals with the new competition challenges brought about by the increasing number of FinTech services, which are provided by newcomer start-ups, traditional financial institutions and big tech companies. Namely, network effects derived from the use of online-platforms, the use of customer data, algorithms, standardisation and interoperability can result in anticompetitive behaviour. The analysis takes a service-by-service approach to provide both, a descriptive breakdown and normative tools to anticipate and manage anticompetitive behaviours as they occur. This presentation was prepared by Policy Department A at the request of the ECON Committee.