The European Commission then blocked the Deutsche merger on February 1, 2012, citing the truth that the merged firm would have a near monopoly. Exchange-traded emissions products had been first supplied by the European Climate Exchange (ECX), which was established in 2005, by listing products on the ICE Futures Europe's buying and selling platform. While the corporate's authentic focus was power products (crude and refined oil, natural fuel, energy, and emissions), acquisitions subsequently expanded its exercise into tender commodities (sugar, cotton and espresso), international trade and fairness index futures. In January 2008, ICE partnered with Canada's TSX Group's Natural Gas Exchange, expanding their offering to clearing and settlement companies for bodily OTC pure gasoline contracts. Jeffrey Sprecher was a power plant developer who spotted a necessity for a seamless market in pure fuel used to gasoline energy stations. Jeffrey Sprecher will retain his place as chairman and CEO. In May 2000, ICE was based by Sprecher and backed by Goldman Sachs, Morgan Stanley, BP, Total, Shell, Deutsche Bank and Societe Generale. In October 2015, ICE introduced that it had entered into a definitive agreement to acquire Interactive Data Corporation (IDC), a supplier of financial market data, analytics, from Silver Lake, involved in technology investing, and Warburg Pincus, a non-public equity agency centered on development investing.