EU warns Deutsche Boerse, LSE deal could harm competition

EU warns Deutsche Boerse, LSE deal could harm competition
 

EU antitrust regulators on Wednesday raised a raft of concerns over the proposed $28 billion (£21.56 billion) merger between Deutsche Boerse (DB1Gn.DE) and the London Stock Exchange (LSE.L), saying it could hinder competition in key financial market activities.
The European Commission said it would investigate over the next four months whether the deal would sharply reduce competition in clearing, derivatives and index licensing.
Deutsche Boerse and the London Stock Exchange, which had anticipated criticism of the deal, immediately said they would explore the sale of LCH SA, the French... read more

 
28 September 2016 in Business, Views: 41
Source: Reuters
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