Free Republic

IntercontinentalExchange Inc. has filed a suit in the United Stated District Court for the Southern District of New York against the New York Mercantile Exchange, Inc., (NYMEX) seeking to prevent NYMEX from abusing its monopoly power in the market for trading and clearing North American energy futures contracts and extending its monopoly into the market for over-the-counter (OTC) energy trading. Intercontinental's claim, which was made as part of a counterclaim in an action initiated by NYMEX, asserts that NYMEX's efforts to prevent Intercontinental from using NYMEX settlement prices by claiming that these prices are copyrightable works of 'authorship' represents an...