(1) The competition objective is to promote effective competition in -
(a) the market for payment systems, and
(b) the markets for services provided by payment systems,
in the interests of those who use, or are likely to use, services provided by payment systems.
(2) The reference in subsection (1) to promoting effective competition includes, in particular, promoting effective competition -
(a) between different operators of payment systems,
(b) between different payment service providers, and
(c) between different infrastructure providers.
(3) The matters to which the Payment Systems Regulator may have regard in considering the effectiveness of competition in a market mentioned in subsection (1) include -
(a) the needs of different persons who use, or may use, services provided by payment systems;
(b) the ease with which persons who may wish to use those services can do so;
(c) the ease with which persons who obtain those services can change the person from whom they obtain them;
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