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NYSE, Deutsche Boerse Deal May Face Long EU Review

Law360 (March 22, 2011, 3:37 PM EDT) -- A top European Union antitrust official said Tuesday that Deutsche Boerse AG's proposed $10 billion merger with NYSE Euronext would likely face an extended review, and expressed worries about vertically integrated trading houses.

Competition Commissioner Joaquin Almunia refused to lay out a timeline for the review of the proposed merger because the companies have yet to formally notify the European Commission of the deal, but he said the analysis will likely be complicated and require a longer review period.

At the same hearing of the European...
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