Online services protest Dow plan to impose fees

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Dow Jones & Co.'s plan to begin charging online providers for the use of its industrial average has caused a backlash in the financial community.

Dow Jones faces resistance from financial service providers as well as from the Financial Information Forum, which is spearheading a protest against the plan on behalf of its members. FIF has written letters of complaint to the Securities & Exchange Commission and to Dow Jones.

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Copyright December 1997, Crain Communications Inc.

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