I do not know what to add...shouldn't banco santader or BBVA or La Caixa had the right to buy bank cheap because they were awful (and the spanish banks good)?
Isn't this preventing good competition.. those doing it fine should get rewarded with the easy and cheap adquisition of other banks if there is no concentration in the market..and the spansih banks have no networks in a lot of countries...
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude