A PYMNTS Company

Deutsche Börse appeals Commission’s decision to block merger with NYSE Euronext

By  |  June 18, 2012
Deutsche Börse appeals Commission’s decision to block merger with NYSE Euronext

Deutsche Boerse has asked the EU General Court to overturn the European Commission’s decision to block its proposed merger with NYSE Euronext. According to its filing, the Commission “failed to properly assess” the offer to sell NYSE Euronext’s BClear single equity derivatives business to resolve antitrust concerns. Moreover, Deutsche Boerse argued, the efficiencies that would have resulted from the merger would offset anticompetitive effects.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full content: Bloomberg

     

    Related content: Competition and Vertical Integration in Financial Exchanges

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.