EU Takes Critical Look At $9.7B NYSE Tie-Up

Law360, New York (August 4, 2011, 2:31 PM EDT) -- European antitrust regulators on Thursday announced the launch of an in-depth investigation into German stock exchange Deutsche Boerse AG’s $9.7 billion takeover of NYSE Euronext.

The European Commission opened the expected merger review amid concerns that the combined stock exchanges could hamper competition in derivatives trading and clearing, according to the agency press release.

“The proposed merger would remove a strong competitor from the market and would give the merged company by far the leading position in derivatives trading in Europe,” said Joaquín Almunia, Commission Vice...
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