In its report, the regulator said it would not intervene due to the «potential unintended consequences» on the availability and quality of data, as the market is «relied upon by investors worldwide». The study, which examined credit ratings data, benchmarks and market data vendor services, found firms can access the data they need, and the data is sufficient to meet their needs. However, the FCA argued the market could benefit from greater competition, noting it currently «does not work well» with users paying higher prices for data than they would if competition worked «more effectiv...
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