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The commission, chaired by Sir John Vickers, also included recommendations on bolstering competition among high street banks by making it easier to move bank accounts.
It has cut spending in an election year and is attempting to implement a string of reforms aimed at bolstering competition in areas like energy and telecommunications that have the potential to attract large sums of foreign direct investment.
It took a long time, but the settlement between the Federal Trade Commission and Intel, the microchip company, on Wednesday stands a reasonably good chance of curtailing the company's tactics to keep its dominance of the microprocessor market and of bolstering competition and innovation in this vital segment of the economy.
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Although it is true that many business leaders mean what they say about good corporate citizenship, and speak up for CSR in good faith, CSR is nonetheless far more often invoked as a rationale for anti-competitive practices than as a reason to bolster competition.
The split, said European regulators, should help bolster competition.
The proposed requirement was intended to bolster competition among the banks.
He argued that the uninsured represent a "hidden tax", whereas new "health insurance exchanges" would bolster competition.
It infuriated the bailed-out Lloyds Banking Group by suggesting it should sell off branches to bolster competition on the high street.
The increase in the passenger facility charge, to $4.50, is intended to help bolster competition, according to its backers.
The coalition has already embarked on a series of attempts to bolster competition, including making it easier for new banks to be set up.
They include measures to bolster competition where monopolies and oligopolies have dominated until now, such as in energy, telecommunications and broadcasting.
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