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> Which allows banks to remain an uncompetitive How exactly is a bank uncompetitive with this regulation?
by sumedh 6y ago
> Which allows banks to remain an uncompetitive
How exactly is a bank uncompetitive with this regulation?
- AnthonyMouse 6y agoIt isn't this regulation that makes the bank uncompetitive, it's all the other regulations that make banks uncompetitive, i.e. hard to switch between and have high barriers to entry. Without that, this regulation would be unnecessary because you would find a dozen other banks willing to take your business and switching to them would be no more than a minor inconvenience.