The gains from an industrial competitive markets includes higher product/service quality, stable and lower prices. However, the extent of competition dependent on the number of operating firms in the industry and governing reforms and regulations; susceptible by Consolidation and Deregulatory measures. Given a scenario where both operates; one reducing the number of operating firms on a justification for stronger units and the other intended to liberalize and enhance competition, what impact do these have on the level of competition? Is firm number over-rated in the context of market competition? This Book delves into investigating these issues by considering both consolidation and deregulation impacts on the level of competition in a banking industry.