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Europe Daily Bulletin No. 8717

3 June 2004
Contents Publication in full By article 27 / 37
GENERAL NEWS / (eu) eu/competition
Commission believes Clearstream has broken European rules

Brussels, 02/06/2004 (Agence Europe) - On Wednesday, the European Commission published a decision that Clearstream Banking AG, the only central securities depository in Germany, and it parent company Clearstream International SA have infringed competition rules by refusing to provide cross-border securities clearing and settlement services, and by practising discriminatory pricing and denying Euroclear access to its clearing and settlement services in Germany for over two years.

The...

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