Quite some time has passed since the European Commission kicked off its investigation into Standard & Poor’s pricing practices concerning International Securities Identification Numbers (ISINs) back at the start of 2009 (see our initial coverage here) and, later in the year, into Thomson Reuters’ licensing of its proprietary data codes (see here). However, the Commission is still deliberating on the outcome of these two separate investigations, both of which could set a precedent for charging practices in this space, according to a recent speech by EC anti-trust commissioner Joaquin Almunia.

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