Following an in-depth second phase investigation, the European Commission has cleared the acquisition of the UK-based Reuters group by the Canadian company Thomson. Both groups are leading financial information providers and are also active in a number of other markets. The Commission’s investigation showed that the combination of the two companies would raise horizontal competition concerns in a number of financial information markets, such as earnings estimates, as well as vertical concerns in relation to the integration of financial content. To alleviate these concerns, the parties committed to divest copies of the databases that contain information on finances, relevant assets, personnel and customer bases.