Bank Concentration Impacts Consumer Welfare, Calls for Regulatory Oversight
The article reviews different ways to measure competition and concentration in the banking industry. It discusses how these measures are important for making decisions about market structure and behavior in the industry. The researchers talk about different ways to measure competition, like looking at how many banks are in the market or how much market share they have. They also explain how these measures can help us understand how banks behave and how it affects customers.