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US: Bernie Sanders and Alexandria Ocasio-Cortez look to cap card interest...

Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards...

UK: Watchdog opens investigation into financial services

Britain’s competition watchdog has opened an investigation into “suspected anti-competitive arrangements” in the financial services sector, reported the Financial Times. “The case is at an...

India: IDFC and Shriram Group to finalise US$10bn mega merger

IDFC and the Shriram Group have agreed to finalise within 90 days the merger of financial services business of the two groups that will...

EU: Antitrust watchdogs to scrutinize syndicated loans

European Union antitrust regulators are to put major financial services firms under the microscope by examining the impact of syndicated loans on credit markets. "The...

US: Alibaba affiliate outbid for MoneyGram

US electronics payments provider Euronet Worldwide said on Tuesday it offered to buy money-transfer company MoneyGram International for $15.20 per share, trumping Ant Financial's...

Sweden: Tax Authority joins competition watchdog agains financial tax proposal

The Swedish Tax Authority has joined the opponents of a proposed tax on financial services, saying it would hit many more companies than intended...

Global: Chinese giant buys US firm MoneyGram

Money transfer service MoneyGram is being bought by a financial services giant based in China. Ant Financial, which was spinoff from Alibaba before its IPO...

JUL-11(2)

In this issue: Financial institutions are under regulatory scrutiny like never before, and competition authorities are front and center. Editorial Board Member Nicolas Petit has...

Consumer Protection in Markets with Advice

Roman Inderst, Marco Ottaviani, Apr 01, 2010 Economists have long been interested in the performance of markets with imperfect information—and in the role of intermediation...
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