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The French Competition Authority issues an opinion on the conditions in which a basic banking service might be set up (Confédération de la Consommation du Logement et du Cadre de Vie)

Press Release published on the official website of the French Competition Authority.

Universal banking service and competition rules: The Conseil de la concurrence issues its opinion at the request of the CLCV.* The Conseil received a referral from the Confédération de la Consommation du Logement et du Cadre de Vie (CLCV, the Consumer Confederation for Housing and Living Environments), regarding the conditions in which a universal banking service might be set up, and whether such obligations would be compatible with competition rules. In response to the referral, the Conseil issued an opinion on 31st March. The CLCV's request In its letter of referral, the CLCV reiterates the de facto obligation for all consumers to have access to banking services, and the difficulties that some continue to encounter in both opening and maintaining an

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French Competition Authority, The French Competition Authority issues an opinion on the conditions in which a basic banking service might be set up (Confédération de la Consommation du Logement et du Cadre de Vie), 31 March 2005, e-Competitions March 2005, Art. N° 61406

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