European Union regulators dropped an antitrust investigation into Thomson Reuters on Thursday after the company made it easier for customers using its financial instrument codes to switch to competing services.The European Commission said its ruling meant the news and information company would not be penalised, and there was no finding or admission of guilt in the settlement."The commitments offered by Thomson Reuters will enhance competition in this market. Financial institutions that use Reuters Instrument Codes (RIC) will now be able to switch to alternative providers more easily," EU Competition Commissioner Joaquin Almunia said in a statement.The EU opened the investigation in 2009, saying that Thomson Reuters may have abused its dominant position in financial data by preventing customers from using its RIC codes - used to identify specific stocks, bonds, currencies and other assets - to get data from rivals and cross-reference them.
Financial Institutions, Inc. (FII) is a financial holding company. Shares of FISI remained unchanged at $18.65. In the past year, the shares have traded as low as $15.22 and as high as $19.52. On average, 22527 shares of FISI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $29.13. In the past year, the shares have traded as low as $25.57 and as high as $30.66. On average, 804819 shares of TRI exchange hands on a given day and today's volume is recorded at 0.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $28.80. In the past year, the shares have traded as low as $26.24 and as high as $30.25. On average, 916550 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 0.
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