Author (Person) | Barker, Alex, Grant, Jeremy |
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Series Title | Financial Times |
Series Details | 5.8.11 |
Publication Date | 05/08/2011 |
Content Type | News |
The European Commission announced on the 4 August 2011 that it had opened an in-depth investigation under the EU Merger Regulation into the planned merger between Deutsche Börse AG and NYSE Euronext Inc., two leading stock exchange groups active worldwide. The Commission’s initial market investigation had indicated competition concerns in a number of areas, in particular in the field of derivatives trading and clearing. The Commission now had 90 working days, until 13 December 2011, to take a final decision on whether the transaction would reduce effective competition in the European Economic Area (EEA). The decision to open an in-depth inquiry does not prejudge the final result of the investigation. |
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Subject Categories | Business and Industry, Internal Markets |
Countries / Regions | Europe, Germany |