Page 170 - ITU-T Focus Group Digital Financial Services – Technology, innovation and competition

ITU-T Focus Group Digital Financial Services
Technology, Innovation and Competition

The country examples included below and the accompanying explanatory text reflect this approach, which
first defines the context of the issue and any technical or other components outlines any related competition
aspects, and then provides the country examples where the issue and any identified competition aspects have
arisen and are dealt with (if applicable).

Similarly, a functional approach is used to describe any technical solutions that have been designed or employed
to deal with any competition bottlenecks in DFS.
4
The study also recognizes that where issues of dominance or significant market power (SMP) arise, this is
usually only a determination that can be decided by the relevant authorities on a case by case basis after a
market review and analysis. Indeed, market dominance with or without SMP and associated market conduct
that invokes the ire of competitors, may or may not actually breach national competition law and/or related
competition provisions of sectoral legislation and require specific regulatory determinations.

4 Because the country examples may have multiple use cases, for sake of completeness these examples may be duplicated in mul-
tiple sections.

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