CMA issues provisional findings of anti-competitive behavior in online chats

In brief: 0n May 24 2023, the Competitions and Markets Authority (CMA) issued a regulatory first – it published provisional findings that 5 major banks each unlawfully shared competitively sensitive information while participating in Bloomberg chatrooms. The allegation suggests that at varying times between 2009 and 2013 a number of traders used Bloomberg chats to… Continue reading CMA issues provisional findings of anti-competitive behavior in online chats