Source: EURLEX
Language: en
Format: md

[**Avis juridique important**](../../../editorial/legal_notice.htm)

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# 52002XC0212(06)

**Application for negative clearance (Case COMP/38.327/D-1 — Notification of an electronic "B2B" trading platform) (Text with EEA relevance)** 
  
*Official Journal C 038 , 12/02/2002 P. 0022 - 0022*

  

Application for negative clearance

(Case COMP/38.327/D-1 - Notification of an electronic "B2B" trading platform)

(2002/C 38/12)

(Text with EEA relevance)

1. On 21 December 2001 the Commission received a notification of agreements pursuant to Article 4 of Council Regulation No 17 by which Centradia Group Limited, The Royal Bank of Scotland plc, Société Générale SA, Banco Santander Central Hispano SA and Sampaolo IMI SpA, establish an electronic "business-to-business" trading platform, called Centradia. The electronic trading platform is based in London, England. The object of the platform is to widen the ability of the participating banks to offer a range of foreign exchange services to their commercial customers. If proven successful, the parties intend to extend the range of products offered. Centradia will also exploit the know-how and other intellectual property rights that underlies the trading platform, through Centradia Services Limited, one of Centradia 's sister companies.

2. On preliminary examination, the Commission finds that the notified agreements could fall within the scope of Regulation 17.

3. The Commission invites interested third parties to submit their possible observations on the proposed operation.

4. Observations must reach the Commission not later than 15 days following the date of this publication. Interested third parties are requested to indicate which passages of their observations contain business secrets or other confidential material, which in their opinion ought not to be divulged, and to state their reasons. In the event of such an indication being made, interested parties are requested to submit both a confidential and a non-confidential version of their observations. Submissions can be sent to the Commission by fax (No (32-2) 296 98 07) or by post under reference number COMP/38.327/D-1 - Centradia Group Ltd & Others, to: European Commission, Directorate-General for Competition,

Directorate D - Financial Services Unit D-1,

Office 2/221,

J-70,

B - 1049 Brussels.

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