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Banking is another sector where they seem to make it hard for no reasons for international players to bring competition in the market place.
by 908B64B197 6y ago
Banking is another sector where they seem to make it hard for no reasons for international players to bring competition in the market place.
- michael1999 6y agoBanking, insurance, and telecom are all protected from foreign competition. It makes them fat and often lazy, but I’d hardly say there is no reason. Universal service mandates, tax administration, prudence regulation, and criminal justice are all compelling interests in those businesses. The government meddles because the people complain when they don’t.