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Competition grounds
- NYSE Euronext's proposed merger with Deutsche Boerse has been blocked by the EU on competition grounds. The proposed deal would have created the world's largest stock exchange operator. However, the European Commission blocked the deal because it said it would have created a "near monopoly" in European financial derivatives.
www.bbc.com/news/business-16838793
Brussels, 01 February 2012 - The European Commission has prohibited, on the basis of the EU Merger Regulation, the proposed merger between Deutsche Börse and NYSE Euronext, as it would have resulted in a quasi-monopoly in the area of European financial derivatives traded globally on exchanges.
Feb 1, 2012 · The European Commission said it prohibited the merger on the basis that it would stifled competition by creating a "quasi-monopoly in the area of European financial derivatives traded...
Feb 1, 2012 · BRUSSELS -- The European Union on Wednesday blocked the Deutsche Boerse's planned merger with NYSE Euronext, a $10 billion deal that would have created the world's largest financial exchange...
Deutsche Börse and NYSE Euronext are companies which are active in the financial markets sector. On 29 June 2011, they notified the Commission of a proposed merger which involved the creation of a company incorporated under Netherlands law of the name HoldCo. HoldCo was to acquire, by way of a public tender offer, all of the outstanding shares ...
Feb 1, 2012 · BRUSSELS – The European Union on Wednesday blocked the Deutsche Boerse’s planned merger with NYSE Euronext, a $10 billion deal that would have created the world’s largest financial...
Feb 1, 2012 · EU antitrust regulators stopped the merger of Deutsche Boerse and NYSE Euronext on Wednesday, saying the combined group would have a stranglehold of the listed European futures market...
