ALERT: REGULATION - OPINION - CONSUMER PROTECTION - PRICE TRANSPARENCY

Opinion: The French Competition Authority advocates giving more information to consumers on bank security prices in order to bolster competition among banks

*This article is an automatic translation of the original article in French, provided here for your convenience. Read the original article. Autorité de la concurrence, 9 July 2015, notice n°15-A-09 relating to conditions of competition in the real estate bank guarantee sector Since the beginning of the 2000s, real estate bank guarantees have been increasingly successful to the point of becoming the first form of guarantee in France in front of a mortgage, in particular because of its lower cost. Believing that competition does not play a role in the area of real estate bank guarantees insofar as consumers are, when taking out a real estate loan, unable to choose a clear and diversified offer of guarantee by

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Opinion: The French Competition Authority advocates giving more information to consumers on bank security prices in order to bolster competition among banks, 9 July 2015, Concurrences N° 4-2015, Art. N° 76632, www.concurrences.com

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