I'm also a bit cynical that the sudden concerted renewed interest in attacking ASX's monoplies is coming at a time when Nomura (largest broking firm in Japan apparently) has just begun to promote its own multinational securities exchange business in Australia. (Chi X, which opened last year competing with European stock exchanges. if you believe the commentators the alternative exchange has been a raging success with traders and market participants)
More background here.
http://business.theage.com.au/australian-securities-exchange-faces-challenges-20080521-2gxj.html
I watched a video on the internet the otherday, where Rupert Murdoch said monopolies only get in trouble if they abuse their position. I think that sounds right. It's hard to see how ASX has abused its position.
I'm also a bit cynical that the sudden concerted renewed...
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