Why UK banks are like public utilities - and should be regulated as such
Molyneux, Philip
(2017)
Why UK banks are like public utilities - and should be regulated as such
[Online resource]
Banks have economic features similar to those of utility service providers – which are typically regulated more heavily than other companies – writes Phil Molyneux. He explains how banks ought to be regulated with this point in mind, and concludes that greater regulatory oversight of bank pricing and service provision is necessary.
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