(Reuters) - After a protracted investigation, the Justice Department
said it concluded that the two exchanges "seldom compete head
to head" and were "unlikely to introduce new products that
compete directly with the other's entrenched products."
"While the evidence suggests that competition between CME
and CBOT has, at times, provided some incentive for them to
develop and offer new products, it does not indicate that
continued innovation depends on competition between the
parties," the Justice Department said.
Read more at Reuters.com Government Filings News
said it concluded that the two exchanges "seldom compete head
to head" and were "unlikely to introduce new products that
compete directly with the other's entrenched products."
"While the evidence suggests that competition between CME
and CBOT has, at times, provided some incentive for them to
develop and offer new products, it does not indicate that
continued innovation depends on competition between the
parties," the Justice Department said.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment