Asset managers say market data prices may need competition probe
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LONDON (Reuters) - Competition authorities may be better equipped than securities regulators to ensure that exchanges charge fair prices for data on stock prices, Europe's top asset managers and banks said on Tuesday.It marks a racheting up of pressure on European Union authorities to bring down the fees that asset managers and banks pay exchanges for data.EFAMA, which represents asset managers from across Europe, and EFSA, a forum for securities associations such as the Association for..