i-law

EU competition law and the financial services sector

MISCELLANEOUS

MISCELLANEOUS

The European Commission, “Statements on State Aid,” available at the following link:
. The European Commission, “VII Commission Report on Competition Policy,” 1977, published in April 1978, at p. 9. The European Commission, “VIII Commission Report on Competition Policy,” 1978, published in May 1979, at p. 10. The European Commission, “XXIXth Report on Competition Policy,” SEC (2000) Final. The European Commission, “White Paper on the review of Regulation (EEC) No 4056/86, applying the EC competition rules to maritime transport” (COM/2004/0675). The European Commission, “III Report on Competition Policy,” 1973, published in May 1974, at p. 11. The European Commission, “VII Report on Competition Policy,” 1977, at p. 12. The European Commission, “X Report on Competition Policy,” 1980, published in May 1981, at p. 9. The European Commission, “XV Report on Competition Policy,” 1985, published in May 1986, at p. 9. The European Commission, “XVII Report on Competition Policy,” 1988, published in April 1989, at p. 11. The European Commission, “XX Commission Report on Competition Policy,” 1990, published in April 1991, at p. 13. The European Commission, “XXV Report on Competition Policy,” 1995, published in May 1996, at p. 15. The European Commission, “XX Commission Report on Competition Policy,” 1990, published in April 1991, at p. 16. The European Commission, “XXX Commission Report on Competition Policy,” 2000, published in May 2001, at p. 9. The European Commission, “XXXIII Commission Report on Competition Policy,” 2003, published in May 2004, at p. 13. The European Commission, “XXXV Commission Report on Competition Policy,” 2005, published in May 2006, at p. 4. The European Commission, “II Commission Report on Competition Policy,” 1972 (Vol. II) points 51-57. The European Commission, “Business Insurance Sector Inquiry.” Report of September 2007, p. 45. The Report is available at the following link: . The European Commission, “The annual publications of DG Internal market and Services: Financial Integration Monitor” 2004, 2005, and 2006. Available at: . The 2006 edition is especially dedicated to the insurance sector. The European Commission, “Report on the retail banking sector Inquiry,” 31/01/2007, at p.97. The Report is available at: . The European Commission “Guidelines on Market Investigation References,” September 2002, at p. 19. Available at: . The European Commission, “Interim Report on Payment Cards,” Sector Inquiry under Article 17 Regulation 1/2003 on retail banking, 12 April 2006, at p. 18. The report is available at the following link: . The European Commission, “Notice on the application of the EC Competition rules to cross-border credit transfers.” The European Commission, “Press Release on the Decision MasterCard intra-EEA fallback interchange fee,” 19/12/2007, IP/07/1959. The Press Release is available at the following link: . The European Commission, “Guidelines on Horizontal Cooperation and the Applicability of article 81 of the EC treaty to Horizontal Agreements,” OJ C 3/2001. The European Commission Financial Integration Monitor, Commission press release IP/04/601. The European Commission Communication, “Financial services: enhancing consumer confidence” COM(97) 309 final, 26 June 1997. The European Commission Interpretative Communication, “Freedom to provide services and the general good in the insurance sector,” OJ 2000/C 43/03. The European Commission Report on the Insurance Block Exemption, 24/03/2009. Available at: . The European Commission, “Guidelines on the applicability of Article 81 of the EC Treaty to horizontal cooperation agreements” [2001] OJ C3/2. The European Commission, “ Guidelines on the application of EEC competition rules in the Telecommunication Sector” 1991/C 233/02, OJ C 233/2. Consumer Federation of America, “The testimony of the Director of Insurance Consumer Federation of America before the Committee on the Judiciary of the U.S. Senate, regarding the implications of repealing the insurer's antitrust exemption.” The Independent Commission on Banking (ICB), “Interim Report, Consultation on Reform Options for the UK Banking Sector,” April 2011. Available at: . Australian Banker's Association, “ABA Supplementary Submission on the Network Effects and Setting of the Interchange Fees, submission to the Reserve Bank of Australia-Inquiry into the Credit Card Systems,” September 2001, p. 1-2. Document available at the following link: . MA Market Development AB (2000), “Study Regarding the Effects of the Abolition of the Non-discrimination Rule in Sweden for European Commission Competition Directorate General-Final Report,” 02/29/2000; and ITM Research, “The Abolition of the No-discrimination Rule, Project number: R231,” Amsterdam, March 2000. Bank for International Settlements-Committee on Payment and Settlement Services, “Core Principles for Systematically Important Payment Systems,” January 2001, Principle IX, p. 51-52. Document available at the following link: . The GAO “Report on the legal principles Defining the Scope of the federal Antitrust Exemption for Insurance,” 04/03/2005, page 6. The Report is available at the following link: . Consumer Federation of America, “Why Not the Best? The Most Effective Auto Insurance Regulation in the Nation,” June 6, 2000. Available at: . National Association of Insurers Commissioners (NAIC), “Report on Profitability by Line by See National Economic Research Associates NERA, WEALTH TRANSFERS IN COST-BENEFIT ANALYSIS” Sydney, January 2005. Available at the following link: IndustryRegulation/Telecommunications/Investigations/MobileTerminationRates/ContentFiles/ Documents/NERA%20Report%20for%20AIAL.pdf. The United States Government Accountability Office (GAO), “Report on the Ultimate effects of McCarran-Ferguson Federal Antitrust Exemption on Insurer Activity,” 28 July 2005, p. 3. Available at the following link: . United States Government Accountability Office, “Legal Principles Defining the Scope of the Federal Antitrust Exemption for Insurance,” (2005) available at . U.S. Government, “The Report of the President and the Attorney General of the National Commission for the Review of Antitrust Laws and Procedures,” Washington D.C., Government Printing Office, 22 January 1979. Attorney General of New York State, “Comments submitted by the Office of Attorney General of New York State in Response to the request for Public Comments on Immunities and Exemptions,” 15 July 2005. Available at the following link . Director of Insurance Consumer Federation of America, “The testimony of the Director of Insurance Consumer Federation of America before the Committee on the Judiciary of the U.S. Senate, regarding the implications of repealing the insurer's antitrust exemption,” 20 June 2006. Available at the following link: . OECD, Policy Roundtables“Competition and Related Regulation Issues in the Insurance Industry,”1998, available at: . OECD, “Competition in Financial Markets” (2009), available at: . NAIC, “A Comparison of the Insurance and Banking Regulatory Frameworks for Identifying and Supervising Companies in Weakened Financial Condition,” Report of April 19, 2005, available at: . “Summary of EC Banking Directives: a note by Crédit Lyonnais,” available at: . The International Competition Network, “And increasing role for competition in the regulation of banks,” Bonn, June 2005, p. 2. Available at: . The Deutsche Bank Research “EU Monitor: Financial Market Special,” No. 27, 29 August 2005, p. 5. The Report is available at . Controller of the Currency, Administrator of National Bank, “Credit card Lending-Comptroller Handbook,” 1998, p. 8. Available at: . European Commission MEMO/04/705, 2 June 2004. Australian Banker's Association, “ABA Supplementary Submission on the Network Effects and Setting of the Interchange Fees, submission to the Reserve Bank of Australia-Inquiry into the Credit Card Systems,” September 2001, p. 1-2. Document available at the following link: . The Reserve Bank of Australia, “Interchange Fees-Reform of the Visa Debit Systems in Australia,” February 2005, at p. 15. The document is available at the following link: . U.S. Department of Justice and Federal Trade Commission, Horizontal Merger Guidelines, 4 Trade Reg.Rep. (CCH) 13,104 (1992) (with April 8, 1997 revision to § 4). The “Financial services Action Plan,” 11/05/1999. The Action Plan has been updated several times since 1999 and suggests indicative priorities and time-scales for legislative and other measures to tackle three strategic objectives, namely ensuring a Single Market for wholesale financial services, open and secure retail markets and state-of-the-art prudential rules and supervision. Available at . “Clearing and settlement in the European Union — The way forward,” COM(2004)312final, 28.4.2004. Available at . Lamfalussy Report. Available at . Commission Report on “Securities trading, clearing and settlement in EU 25,” available at: . Commission Working Document, Competition in EU securities trading and post-trading, Issues Paper, Brussels, 24 May 2006. Available at: . Commission Communication on The application of State aid rules to measures taken in relation to financial institutions in the context of the current global financial crisis, OJ C270/8, of 25/10/2008. Commission Communication on The recapitalisation of financial institutions in the current financial crisis: limitation of aid to the minimum necessary and safeguards against undue distortions of competition, of 5/12/2008, OJ 2009 C10/2. Commission Communication on the Treatment of Impaired Assets in the Community banking sector, OJ 2009, C72. Commission Communication on the return to viability and the assessment of restructuring measures in the financial sector in the current crisis under the State aid rules, OJ 2009, C195. Commission Communication on the return to viability and the assessment of restructuring measures in the financial sector in the current crisis under the State aid rules, OJ C 195, 19.8.2009. Communication from the Commission on the application, from 1 January 2011, of State aid rules to support measures in favour of banks in the context of the financial crisis, OJ C 329, 7.12.2010.

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