The French banking monopoly in the face of European Union law

More about the book

The book examines France's establishment of a credit monopoly that favored its banking institutions, distorting competition within the European Union. This regulation hindered the completion of the internal market in banking and finance, a situation tolerated by the EU for years. However, the necessity to finance economic actors and the push for market completion prompted a liberalization of credit sources, resulting in the gradual fragmentation of France's banking monopoly.