The Commission has approved the proposed acquisition of Reuters Group in the UK by Canadian based Thomson Corporation. Both companies provide amongst other products, financial information to traders and sales people in on-trading floor spaces and analysts in off-trading floor spaces in investment banks, funds and corporations. The Commission’s in-depth investigation revealed competition concerns due to an overlap in the off-trading floor markets for the distribution of aftermath broker research reports, earning estimates, fundamental financial data of enterprises and time series of economic data. Consequently, the Commission raised concerns that the proposed merger could lead to price increases, the discontinuation of overlapping products and leave customers with reduced choice. In addition, the merged entity could possess the ability to close off competitors downstream who use the information for their own desktop products. The proposed merger was approved subject to the parties’ commitment to divest certain databases to facilitate a faster entry to other companies into the market to compete with the merged entity.