As Exchanges Merge, Antitrust Issues Loom

Law360, New York (July 14, 2006, 12:00 AM EDT) -- Antitrust issues may prove to be a stumbling block to cross-border exchange mergers, experts warn.

Advocates of consolidation say that the combination of exchanges would cut costs and broaden the platform for share trading, benefiting both investors and companies.

The idea has recently gained momentum after the New York Stock Exchange beat out Deutsche Boerse AG in a bidding war for European exchange Euronext and announced plans to create a trans-Atlantic mega-exchange.

Deutsche Boerse has since set its sights on a French exchange and threw its...
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