European Commission Latest News: EU Launches Probe Into Telecom Companies

The European Commission's antitrust authority said it has opened an investigation into Internet service providers over concerns that they may have abused their dominant market position. The European Commission and U.S. regulators have agreed to apply rules for trading derivatives more flexibly and make it easier for international traders to do business. A rift in Europe over how best to control its banks has raised a question mark over how far the bloc is willing to go in setting up a new agency to shut stricken banks.
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