E.U. Eyes Competition Issues In Bond-Trading Market

Law360, New York (February 2, 2007, 12:00 AM EST) -- The European Union’s antitrust authority has launched an inquiry into the bloc’s bond-trading market after receiving complaints that the dominant trading platform is being propped up illegally by national legislation.

Indicating the early stage of the investigation, the European Commission said Feb. 1 it had sent letters to 13 E.U. member states asking for details about rules restricting which platforms may be used for trading government bonds.

The countries now have until March to respond to the E.C.’s request for information. The E.C. said the letters...
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