The EU Commission considers that the commitments proposed by the dominant undertaking in the worldwide market for consolidated real-time datafeeds were sufficient to address the abusive restrictions concerning the use of financial instrument codes (Reuters Instrument Codes)

The Thomson Reuters Commitment Decision* On November 12, 2013, the European Commission published a summary of its December 20, 2012 decision (the “Decision”) accepting commitments offered by members of the Thomson Reuters group (“Thomson Reuters”). The Decision ended a three-year-long investigation that began in October 2009 into Thomson Reuters’ alleged abuse of a dominant position in a market defined as consolidated real-time data feeds (“CRTDF”). Although Thomson Reuters did not agree with the Commission’s analysis, it offered commitments to address the Commission’s concerns, and the Decision made these commitments binding without formally finding an infringement or imposing fines. Ending an investigation through commitments may allow the Commission and the target of an antitrust

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Norton Rose Fulbright (Brussels)

Quotation

Jay Modrall, The EU Commission considers that the commitments proposed by the dominant undertaking in the worldwide market for consolidated real-time datafeeds were sufficient to address the abusive restrictions concerning the use of financial instrument codes (Reuters Instrument Codes), 20 December 2012, e-Competitions December 2012, Art. N° 62206

Visites 247

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues