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The State Secretariat for Economic Affairs is investigating UBS's market power following its takeover of Credit Suisse, raising concerns about competition in the Swiss banking sector. The study will assess barriers to entry for competitors and the potential for price increases due to UBS's dominant position, particularly affecting corporate clients. The Competition Commission has warned that the merger could lead to noticeable price hikes, prompting close monitoring of UBS's practices.
In Switzerland, internal government conflicts over military funding led to the resignation of army chief Thomas Süssli, who faced pressure from Finance Minister Karin Keller-Sutter. Meanwhile, the appeal trial for former FIFA president Joseph Blatter and UEFA's Michel Platini commenced, focusing on a controversial 2 million franc payment. The Swiss National Bank reported a profit of 80.7 billion francs for 2024, allowing for significant distributions to cantons and the federal government.
In 2025, price watchdog Stefan Meierhans will scrutinize major internet platforms and UBS, following a record 800 cases in 2024. He aims to address market power abuses and rising costs affecting consumers, particularly in healthcare and energy sectors, while securing CHF 120 million in fare reductions.
In 2025, Stefan Meierhans, the Swiss price watchdog, will focus on major internet platforms and UBS, following a record 800 cases handled in 2024. He aims to investigate pricing models amid rising market power of digital platforms and the impact of UBS's merger with Credit Suisse on corporate clients. Meierhans has successfully negotiated significant fare reductions and systemic adjustments in healthcare and energy sectors, emphasizing the need for efficiency before price increases are passed to consumers.
In 2025, Stefan Meierhans will focus on major internet platforms and UBS, investigating their market power and pricing models amid rising consumer complaints. In 2024, he secured CHF 120 million in avoided price increases for public transport and postal services, while addressing issues in healthcare and energy sectors.
In 2025, Mr. Price will focus on scrutinizing major internet platforms and UBS, responding to rising consumer complaints and market power concerns. The price watchdog aims to mitigate price hikes, having already secured significant fare reductions and negotiated solutions in various sectors, including healthcare and energy.
In 2024, Stefan Meierhans handled over 800 cases, focusing on major internet platforms and UBS, amid rising costs for Swiss households. He urged public sector restraint on price increases and emphasized analyzing digital pricing models, while achieving significant reductions in public transportation and postal service costs.
In 2025, Stefan Meierhans will focus on major internet platforms and UBS, conducting an in-depth review of digital pricing models due to technological advances and numerous complaints. The priority follows feedback from corporate clients regarding UBS's adjusted terms post-merger with Credit Suisse. Additionally, the Swiss National Bank reported a profit of 80.7 billion Swiss francs for 2024, while measures against forged signatures for citizens' initiatives are showing positive effects. Meanwhile, there is a shortage of Swiss eggs to meet rising demand.
In 2024, the Price Supervisor, Stefan Meierhans, processed over 800 cases, focusing on major internet platforms and UBS due to significant consumer complaints, particularly in healthcare, energy, and online shopping. Efforts led to a reduction of 120 million francs in planned tariff increases for postal services and public transport, alongside successful negotiations with Swisscom and gas operators. Systemic adjustments in health and energy sectors are also underway, aiming for further price reductions by 2026.
In 2025, Stefan Meierhans will focus on major internet platforms and UBS, following a record year with over 800 cases handled. He plans to examine the pricing models of digital platforms due to recent technological advances and numerous complaints, while also monitoring UBS's market power post-merger with Credit Suisse.
Stefan Meierhans
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