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Danish Competition Authority: Competition appeals board confirms Nykredit decision

( December 3, 2010, 13:35 GMT | Official Statement) -- MLex Summary: The Danish competition appeals board has today confirmed the decision by the competition authority whereby financial service provider Nykredit may not increase its admin fees for mortgates for private customers at this time. The requirement was a condition of approving the merger between Nykredit and Totalkredit in 2003 and was not limited in time, and a review is underway to examine whether there are grounds for lifting the control.The full statement follows (in Danish):...

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