“This paper focuses on sharpening the debate on the financial sector by analysing the
competitive behaviour and the structure–performance correlation. In line with the
literature on the measurement of competition, it follows the two mainstreams —nonstructural and the structural approaches —in analysing the nature of competition and
market structure of Uganda’s financial system. This study measures the degree of competition in Uganda’s banking industry and investigates the impact of concentration on competition. It also examines how banks’ profitability is linked to the industry’s market structure.”