Abstract. This study was conducted to analyze the existence of economies ofscope and competition in the Indonesian banking industry based on thephenomenon of financial conglomerates. By using the New Empirical IndustrialOrganization method, this study contributed to enrich the literature of bankingindustry competition in Indonesia. The results of the study showed thatconglomeration increased market power and decreased market level competition.
MIX: Jurnal Ilmiah Manajemen is a journal that publishes the results of empirical research that has strong novelty with reference to the latest journals and contributes greatly to scientific development in the fields of Management: Finance, Marketing, Human Resources, and ...