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The Dongers of Regulating Financial Services
Author(s) -
Ross Len
Publication year - 1986
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1986.tb01810.x
Subject(s) - competition (biology) , legislation , financial services , charge (physics) , business , economics , finance , political science , law , biology , ecology , physics , quantum mechanics
The latest legislation regulating financial services is the equivalent of putting the foxes in charge of the chickens, argues Leonard Ross, Lecturer in Economics at the Polytechnic of Central London. It gives City institutions carte blanche for the fixing of prices and the suppression of competition.