MARKET POWER IN THE CZECH BANKING SECTOR

This paper estimates the market power in the Czech banking sector during the period 2000 2010.In order to measure the degree of market power in the Czech banking sector, the authors used the Lerner index, the Herfindahl-Hirschman index and the concentration ratio.The Lerner index is applied to data from 15 banks, which covers about 90% of the Czech