NEWSLETTER-2019-metin
100 NEWSLETTER 2019 benefited from reductions in their fines for their cooperation with the Commission investigation. Conclusion The decisions of the Commission are important since they are related to Forex spot trading activities that constitute one of the largest markets in the world. As pointed out by Commissioner Margrethe Ve- stager who is in charge of the competition policy, the Commission will not tolerate collusive behaviour in any sector of the financial markets. Following these decisions, any undertakings in the financial markets should pay more attention to their activities in the market so that their behaviour is not anti-competitive. Lastly, taking into the size of the Forex spot trading activities market, it seems that there might be a great number of persons or companies affected by these two cartels of the relevant banks who may bring the matter before the courts of the member states and seek damages.
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