Commission blocks proposed merger between Deutsche Börse and London Stock Exchange
EU News 60/2017
Brussels, 29 March 2017
The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission's investigation concluded the merger would have created a de facto monopoly in the markets for clearing fixed income instruments.
The proposed merger would have combined the activities of the two largest European stock exchange operators, Deutsche Börse AG (DBAG) and London Stock Exchange Group (LSEG). They own the stock exchanges of Germany, Italy and the United Kingdom, as well as several of the largest European clearing houses.
Source and additional information:
http://europa.eu/rapid/press-release_IP-17-789_en.htm?locale=en
Twitter: @EU_Commission URL