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Clifford Chance

Clifford Chance


OFT subscribes to self help remedies for underwriting markets

4 February 2011

On 27 January 2011, the Office of Fair Trading published its report on the market for equity underwriting and associated services, and its provisional decision not to refer the market for a detailed investigation by the Competition Commission.

We describe and comment upon the OFT's conclusions and proposed next steps in this briefing.

For background see our briefing from June of last year "OFT to probe equity underwriting fees."

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