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Comment: EC's Euribor probe focuses on side accords at limited number of banks

By Ana Rita Rego* ( October 19, 2011, 13:57 GMT | Comment) -- The European Commission’s antitrust probe of banks involved in setting Euribor benchmark interest rates is understood to focus on a limited number of financial institutions, suspected in part of having signed anti-competitive side agreements on future contracts. A leniency application may be behind the inspections.Brussels - The European Commission’s antitrust probe of banks involved in setting Euribor benchmark interest rates is understood to focus on a limited number of financial institutions, suspected in part of having signed anti-competitive side agreements on future contracts....

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