We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

DOJ Greenlights CME/CBOT Merger

Law360 (June 11, 2007, 12:00 AM EDT) -- The U.S. Department of Justice's Antitrust Division removed one the last remaining obstacles to a merger that would create the world's largest derivatives exchange, closing its investigation into the proposed acquisition of CBOT Holdings Inc. by Chicago Mercantile Exchange Holdings Inc. and announcing that the merger is unlikely to stymie competition.

Despite the fact that the two exchanges account for most financial futures traded on exchanges in the U.S., the merger would not have a deleterious effect on competition because the products offered by the two...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.