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Email On 16 November 2018, the UK Competition & Markets Authority (CMA) announced that it had opened an investigation into suspected anti-competitive arrangements in the financial services sector that may infringe Chapter I (CA 1998) or Article 101 (TFEU). https://www.cadwalader.com/resources/newsletters/antitrust-and-financial-services/uk-cma-opens-antitrust-investigation-into-bond-trading-