{"license":"https://creativecommons.org/licenses/by/4.0/","dataset":"reports","count":2,"filters":{"source":"fdic-sod-2025","sourceMatched":true,"sourceId":"fdic-sod-2025","sourceTitle":"2025 Summary of Deposits","sourcePublisher":"Federal Deposit Insurance Corporation","sourceProfileHref":"/sources/fdic-sod-2025"},"rows":[{"id":"rep-us-competition-landscape-2026","slug":"us-competition-landscape-2026","title":"The U.S. Competition Landscape","subtitle":"State of Competition 2026: five evidence systems, no single score","summary":"A national briefing that aligns defined-market signals, industry structure, state and local geographic concentration screens, merger activity, and enforcement records without collapsing their different scopes.","body":"Public evidence does not support a single national competition score. The clearest picture comes from five bounded systems. Among eight curated markets, four current profiles publish highly concentrated readings while four withhold HHI because public shares are incomplete or aggregate. The 2022 Economic Census publishes revenue-based HHI for 679 of 899 detailed six-digit industries, with a median of 284 among published rows; strict 2017-2022 comparisons remain a separate history lens. KFF's 2024 individual-market data place median state HHI at 3,414 and 36 of 51 jurisdictions above 2,500. A separately bounded 2025 FDIC screen places median statewide branch-deposit HHI at 903, with 5 of 51 jurisdictions above 2,500. A deeper FDIC layer publishes 3,104 county and county-equivalent branch-deposit screens with a median HHI of 2,826; 1,792 exceed 2,500 and 187 contain one reported organization. Banking markets are often local, but county boundaries may not match them, so both FDIC layers remain screens rather than legal market definitions. USDA's historical national beef-packer CR4 adds a buyer-side concentration anchor while remaining distinct from individual packer shares, regional cattle procurement markets, and the related Census slaughtering-industry revenue screen. The FY2025 HSR report records 2,006 reported transactions and a 2.1% Second Request rate among adjusted transactions. Dated enforcement records add procedure and institutional context, not causal proof. Read together, these systems identify where scrutiny and public disclosure are most valuable. Read as one composite, they would erase market definition, geography, vintage, and legal meaning. This report therefore presents a national competition landscape with explicit handoffs to the underlying markets, industries, state and local screens, merger series, policy records, and source dossiers.","coverImageUrl":"/generated-assets/report-cover-us-competition-landscape.png","publishedAt":"2026-07-19","relatedMarketIds":["mkt-wireless","mkt-airlines","mkt-housing","mkt-search","mkt-browser","mkt-pbm","mkt-ai-chatbot","mkt-meatpacking"],"sourceIds":["fcc-2024-cmr","bts-transtats-2026","jchs-rental-housing-2026","statcounter-search-us-2026","statcounter-browser-us-2026","ftc-pbm-interim-2024","statcounter-ai-chatbot-us-2026","usda-ers-meatpacking-2024","census-ecnsize-concentration-2022","census-ecnsize-concentration-2017","kff-individual-insurance-market-2024","fdic-sod-2025","ftc-doj-hsr-report-2025","doj-google-search-case-2020"],"sourceBasis":"2022 and 2017 U.S. Economic Census industry concentration tables, USDA ERS historical meatpacking CR4, KFF 2024 state individual-market HHI, FDIC 2025 statewide and county Summary of Deposits screens, the FY2025 FTC/DOJ HSR report, and source-backed market and enforcement records.","tableOfContents":["Executive synthesis","Defined market signals","Industry structure","Geographic concentration","Merger pipeline","Enforcement record","Public evidence agenda"],"preview":"A source-backed state-of-competition briefing across markets, industries, state systems, local banking screens, mergers, and enforcement, with every system kept in its own analytical universe.","publicationType":"state_of_competition","seriesTitle":"State of Competition","seriesNumber":"AR-SC-2026-01","authorName":"Antitrust Radar Research Team","version":"1.0","updatedAt":"2026-07-19","publicationStatus":"current","revisionNote":"Initial public edition.","canonicalCitation":"Antitrust Radar Research Team. (2026, July 19). The U.S. Competition Landscape: State of Competition 2026: five evidence systems, no single score. State of Competition, AR-SC-2026-01 (Version 1.0). Antitrust Radar. https://antitrustradar.org/reports/us-competition-landscape-2026","citationDownloads":{"bibtex":"/reports/us-competition-landscape-2026/citation/bibtex","ris":"/reports/us-competition-landscape-2026/citation/ris"},"sourceProfileHrefs":["/sources/fcc-2024-cmr","/sources/bts-transtats-2026","/sources/jchs-rental-housing-2026","/sources/statcounter-search-us-2026","/sources/statcounter-browser-us-2026","/sources/ftc-pbm-interim-2024","/sources/statcounter-ai-chatbot-us-2026","/sources/usda-ers-meatpacking-2024","/sources/census-ecnsize-concentration-2022","/sources/census-ecnsize-concentration-2017","/sources/kff-individual-insurance-market-2024","/sources/fdic-sod-2025","/sources/ftc-doj-hsr-report-2025","/sources/doj-google-search-case-2020"]},{"id":"rep-state-banking-structure","slug":"state-banking-structure-2015-2025","title":"State Banking Structure, 2015-2025","subtitle":"Stable national concentration can coexist with large state-level shifts","summary":"A source-backed research brief on eleven annual FDIC statewide branch-deposit screens, the changing geography beneath stable national aggregates, and the limits of statewide concentration measures.","body":"Across eleven annual June 30 FDIC Summary of Deposits screens, national branch-deposit HHI moved from 410 in 2015 to 401 in 2025, while the annual median across 51 jurisdictions moved from 958 to 903. Those aggregate shifts mask substantial geographic variation: 26 jurisdictions recorded higher HHI and 25 recorded lower HHI. Seven crossed a descriptive concentration classification. Five jurisdictions were highly concentrated at both endpoints, but Delaware entered that set while Nevada exited it. The national reported branch count fell 17.9 percent and the grouped organization count fell 29.3 percent, while nominal reported deposits rose 70.2 percent. These screens identify where structure changed; they do not establish why it changed, define a legal banking market, or measure every banking product.","coverImageUrl":null,"publishedAt":"2026-07-20","relatedMarketIds":[],"sourceIds":["fdic-sod-2025"],"sourceBasis":"FDIC annual Summary of Deposits branch records for 2015-2025, independently grouped to the reported top bank holding company when available and otherwise to the insured institution.","tableOfContents":["Stable aggregates","State change map","Classification transitions","System capacity","Methodology and limits"],"preview":"Shows how a nearly unchanged national HHI can coexist with large state-level movements, classification turnover, and declining branch and organization counts.","publicationType":"research_brief","seriesTitle":"Competition Research Briefs","seriesNumber":"AR-RB-2026-03","authorName":"Antitrust Radar Research Team","version":"1.0","updatedAt":"2026-07-20","publicationStatus":"current","revisionNote":"Initial public edition.","canonicalCitation":"Antitrust Radar Research Team. (2026, July 20). State Banking Structure, 2015-2025: Stable national concentration can coexist with large state-level shifts. Competition Research Briefs, AR-RB-2026-03 (Version 1.0). Antitrust Radar. https://antitrustradar.org/reports/state-banking-structure-2015-2025","citationDownloads":{"bibtex":"/reports/state-banking-structure-2015-2025/citation/bibtex","ris":"/reports/state-banking-structure-2015-2025/citation/ris"},"sourceProfileHrefs":["/sources/fdic-sod-2025"]}]}