Clifford Chance

Financial Services Antitrust Bulletin

1 September 2022

This edition of the relaunched Clifford Chance Financial Services Antitrust Bulletin provides an overview of developments relating to the application of competition law to the financial services sector during the second quarter of 2022.

When earlier this year, the head of Australia's Competition and Consumer Commission stated that it will be "engaging with the banking sector more than ever before", she could also have been expressing a global sentiment. Although the wave of competition and regulatory interventions arising from the financial crisis is coming to an end, technologies have transformed many financial markets and created new issues for competition authorities. These changes are accompanied by an evolution in competition policy frameworks, particularly in relation to digital markets. This edition of the Clifford Chance Financial Services Antitrust Bulletin charts the following key themes derived from developments over the last quarter in Europe, North America and the Asia Pacific region.

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