France: Closing of consultation and launch of investigation into "FinTech" sector by Autorité de la Concurrence
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Description
Closing of consultation and launch of investigation into "FinTech" sector by Autorité de la Concurrence
On 19 June 2020, the Autorité de la Concurrence launched an investigation regarding the competitive situation in the "FinTech" sector with the main focus put on the use of new technologies in the digital payment sector. This happened on the day the consultation period, which had opened on 13 January 2020, ended. The consultation had tried to determine the relevant market, as well as changes that have taken place and business strategies being applied in the sector.
Original sourceScope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
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2020-01-13
in consultation
2020-06-19
processing consultation