MS23/1: Wholesale data market study: benchmarks, credit ratings data and market data vendors

Terms of reference & market study notice
Deadline for stakeholder views
Deadline for stakeholder views on the update report
Market study report

On 31 August 2023 we published an Update Report on the market study.

Read MS23/1.1 - market study notice (PDF)

Read MS23/1.2 - terms of reference (PDF)

Read MS23/1.3 - market investigation reference notice (PDF)

Read MS23/1.4 - market study update report (PDF)

This report provides an update on the progress of the study, including emerging themes and issues we are seeing and our proposed decision not to refer any of the markets to the Competition and Markets Authority for a market investigation.

Give us your views

We invite stakeholders to share their views on our proposed market investigation reference (MIR) decision and the emerging themes and issues set out in this report. Please provide your views in writing to [email protected] no later than 29 September 2023.

Next steps

We will publish our market study report by 1 March 2024 which will include our findings on competition in these markets and our decision whether to make an MIR, an explanation our decision and other actions to address the issues identified.

Any queries

If you have any questions about the market study, please contact [email protected]