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CHAPTER 13 ARTICLE 102 AND MERGERS AND ACQUISITIONS IN THE BANKING SECTOR

EU competition law and the financial services sector

CHAPTER 13 ARTICLE 102 AND MERGERS AND ACQUISITIONS IN THE BANKING SECTOR 13.1 INTRODUCTION In the last decade, banks have been allowed to merge on numerous occasions across Europe, leading to a scenario that now denotes a remarkable degree of consolidation, 1 and this situation can only be exacerbated by the global financial crisis.

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