And 'now the past few months from the end of'survey regarding costs of banking services, carried out by the Italian Competition Authority (in short AGCM).
At the opening of the final report you read the reasons that led the Authority to carry out the investigation:
"This finding investigation was initiated by the Competition and Market Competition Authority) in March 2011 in the light of the need to follow the evolution of the industry, already the subject of an investigation withdrawing, and deepen the above in some reports demonstrating the persistence of critical competitive in the supply of certain banking services, with particular reference to the current account and the collection and payment services connected to it.”
The fifth section, is one that complaint the low uptake of the Income Base, account the low cost launched in 2012 and designed primarily to retirees, who had been forced opening of the current account for the receipt of the pension, and those persons with low incomes Isee.
Continuing the reading of the report are the corresponding explanations:
"The analysis is carried out as the Basic Income has not had, in the first four months of operation, a sufficient number to achieve the goal of greater financial inclusion by both the generality of consumers by both of the two categories provided for in the Convention of the socially disadvantaged and pensioners "
and still:
"The causes of this low prevalence appear to reside, first, a not particularly competitive pricing by banks which appear not to have adopted, at least with regard to the profile of the majority of consumers, tenders actually more favorable than the existing ones ......a lack of transparency in pricing policies defined by banks. Particularly, ..... There are more cases of banks in which the best account offered is cheaper than the Income Base offered for all consumers. "
Alex Gaetani
Can you elaborate on the subject by reading the following books: