Eurex officials are poised to push ahead with their
anti-trust lawsuit against Chicago Board of Trade (CBoT) and
Chicago Mercantile Exchange (CME), and some legal experts
believe that Eurex may have enough of a case to take it to the
Eurex filed its anti-trust suit against the Chicago
exchanges last October, accusing CBoT and CME of a number of
illegal activities it claims were aimed to keep Eurex US from
competing. Both sides are awaiting a ruling on the Chicago
exchanges' request to dismiss the case.
Should the court rule in favor of Eurex, the case would
proceed to the next level, called discovery, where hard
evidence is produced by both sides. When a ruling should be
expected is unknown at this point. The entire process can take
two or more years, source said.
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