000			03205cam a2200445 i 4500
005			20250919002857.0
008			150402t2014 enk b 001 0 eng
020			_a9780415828819 (hardback) _cRM433.19
020			_a0415828813 (hardback)
020			_z9780203383179 (ebook)
020			_z0203383176 (ebook)
039		9	_a201508061153 _badnan _c201508061152 _dadnan _c201508061152 _dadnan _c201507081145 _dmasrul _y04-02-2015 _zsa'diah
040			_aDLC _beng _cDLC _erda _dUKM _erda
090			_aC13.5.H346 2
090			_aC13.5 _b.H346 2
100	1		_aHarrison, D.M. _q(David M.) _d1955-, _eauthor.
245	1	0	_aCompetition law and financial services / _cDavid Harrison.
264		1	_aMilton Park, Abingdon, Oxon : _bRoutledge, _c2014.
264		4	_c©2014
300			_axiv, 116 pages ; _c24 cm.
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
490	0		_aRoutledge research in finance and banking law
504			_aIncludes bibliographical references and index.
505	0		_aIntroduction -- The single market background -- Theory -- Practice -- Capital markets -- Banks (I) : structural issues -- Banks (II) : behavioural issues -- Analysis -- Remedies.
520			_a'Competition law underpins the market economy by prohibiting anti-competitive agreements and practices, and the abuse of dominant positions in the market. Until the financial crisis it was widely assumed that the financial services industry was highly competitive. This book explores the extent to which this is the case. By analysing crisis and pre-crisis competition law cases and examples from the UK, the EU and around the world David Harrison asks whether there exists good reason for financial services to be treated differently from the rest of the market economy. The theory of market efficiency is not borne out in practice. He particularly draws upon John Maynard Keynes in examining the differences between price mechanisms in product markets for'normal' goods, and price mechanisms in financial and investment markets where expectations of the future tend to play a greater role, leading to greater price fluctuations. In this evaluation, the book examines aspects of the practical functioning of capital markets such as the phenomenon of herding behaviour by financial participants, how short-term behaviour by intermediaries can be to the disadvantage of savers and productive investment, the relationship between investment markets and product markets and the extent to which the same competition rules apply to undertakings involved in both. The book will be very useful to students, researchers and practitioners of banking and finance law, and commercial and competition law'-- _cProvided by publisher.
650		0	_aAntitrust law.
650		0	_aCompetition.
650		0	_aRestraint of trade.
650		0	_aFinancial services industry _xLaw and legislation.
650		0	_aFinancial crises.
907			_a.b16112568 _b2019-11-12 _c2019-11-12
942			_c01 _n0 _kC13.5.H346 2
914			_avtls003582870
990			_amab
991			_aFakulti Undang-Undang
998			_au _b2015-02-04 _cm _da _feng _genk _y0 _z.b16112568
999			_c590261 _d590261