Thomson Reuters Offer Accepted by EU to End Antitrust Probe
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Thomson Reuters Corp.’s offer to create a new license for securities identification codes was accepted by European Union regulators to settle an antitrust probe.
The company’s proposal means that so-called Reuters Instrument Codes will work better with rival services, according to an e-mailed statement today from the European Commission, the Brussels-based antitrust authority. Customers will also have greater possibility “to switch to competing providers of consolidated real-time data-feeds,” it said.