Markit IPO Expected to Create Greater Competition, Innovation

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Markit's decision to file for an initial public offering (IPO) with the US Securities and Exchange Commission is likely to benefit consumers through greater competition and product innovation, and may provide an opportunity for the data vendor to continue acquiring other companies, according to industry experts.

Virginie O'Shea, senior analyst at Aite Group in London, says money raised through the IPO will enable Markit to increase competition in the data vendor space, and Markit is particularly

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