Europe's Competition Watchdog Ends Thomson Reuters Probe

Law360, New York (December 20, 2012, 1:51 PM ET) -- The European Commission said Thursday it had dropped an antitrust investigation aimed at Thomson Reuters Corp. after the company agreed to let customers use Reuters codes for identifying securities for information from competing data providers.

Thomson Reuters created a new license that allows customers to use Reuters Instrument Codes for data sourced from the company's competitors, allaying concerns that Thomson Reuters was abusing its dominance in the market for consolidated real-time datafeeds, by making it easier for financial institutions to switch to other providers, the antitrust...
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