EU Extends Review Of Deutsche Boerse, NYSE Merger

Law360, New York (October 21, 2011, 7:42 PM EDT) -- The European Commission has granted requests by Deutsche Boerse and NYSE Euronext to extend to Dec. 22 the deadline for reviewing the exchanges' planned merger by seven working days, the watchdog said Thursday.

The Commission will make a final decision on whether the merger would reduce competition in the European Economic Area. The two exchanges must respond to the antitrust regulator's statement of objections listing concerns that the massive stock exchange could hamper competition in derivatives trading and clearing.

"The statement of objections is a substantial...
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