Financial sources say that officials within OMX are also more in favor of a bid from Nasdaq, with some having called it a "scandal" that Sweden's regulator's weren't more harsh about Dubai having broken corporate law.
But there's been little use of the regulator's power to withhold "fit and proper person" approval for those in senior financial positions, nor the business department's power to ban people as company directors.
B's competitors are beginning to test the regulator's new powers.
Some are waiting for the publication of Olivetti's prospectus, which was filed for the regulator's approval on April 9th.
Consumers' association Which? welcomed the regulator's announcement, which followed an initial review by the regulator earlier this year.
His comments came as he published the Office of the Rail Regulator's business plan for 2003-04.
Andrew Riseley, the regulator's chief executive, said JT provided 100% of all domestic services in the island.
The trust said it took the independent regulator's concerns "very seriously" and action was already being taken.
Airlines applauded the regulator's findings but said the whole regulatory framework of airports needed to be reviewed.
The consultation is available on the regulator's website and is due to close on 29 March.
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The group said in a statement that the regulator's order was based on "old facts and details".
The regulator's plan is out for consultation, but its broad thrust is unlikely to change very much.
ECONOMIST: The true cost of Britain's corporate pension schemes
And because of the regulator's opposition to mergers, no strong national champion has emerged to challenge the French.
On either side of the Atlantic, of course, the regulator's zeal can suddenly increase after an unforeseen event.
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The rail regulator's problems stem from the government's failure to reform the system after Railtrack was forced into liquidation.
From a regulator's vantage, Microsoft still looks just too big and powerful, and could be deemed overly so with Yahoo!
Ltd. has shifted its approach since April, following the regulator's latest rule, according to a person with direct knowledge of the matter.
From a regulator's point of view, there are two decisions to make.
She left that post last year amid criticism of the regulator's performance.
On April 6th a judge rejected the regulator's claims, ruling that there was nothing in the law to prevent such share-splitting.
But members of the electricity regulator's National Consumers' Consultative Committee get zilch.
Education Secretary Mike Russell said he was "disappointed" by the regulator's decision.
Investors will still have gripes, ranging from suspicions about the regulator's independence to the tax burden, which eats up 40% of energy revenues.
Andrew Riseley, the regulator's chief executive, said market studies in 2013 would be aimed at reviewing grocery, gas, heating oil and fuel prices.
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The regulator's objective is to set the cap so that there is a shortage of allowances relative to what the companies' business-as-usual emissions will be.
The worry about the regulator's approach is that if business decides the pressure is excessive it can and will advance that date with the undertaker.
ECONOMIST: The true cost of Britain's corporate pension schemes
The trust said it took the independent regulator's warning "very seriously".
However, it will be "engaging with the licensee, Today FM Sydney, around the facts and issues surrounding the prank call, " said the regulator's chairman, Chris Chapman.
What is clear is that the outcome matters a lot for pensions in Britain, as the regulator's authority is put to the test for the first time.
People will argue that the regulator is stepping in at the wrong time and that the regulator's additional requirements will destroy growth in the area that is taking off.
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