opinion

How Regulation Creates the Illusion of Competition - SchiffGold.com

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DW NOTE

The piece argues regulators create the appearance of market competition while actually entrenching incumbents through compliance costs smaller firms cannot bear. That's not theory — it's the documented history of every major regulatory expansion since Glass-Steagall. The banks that lobbied for Dodd-Frank are the ones that survived it.

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The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

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How Regulation Creates the Illusion of Competition - SchiffGold.com

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