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Deutsche and NYSE Euronext merger blocked
03 February 2012
The European Commission has blocked the merger of the two bourses
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European Commission
Deutsche Bourse
NYSE Euronext
The European Commission is prohibiting the planned merger between Deutsche Börse and NYSE Euronext because it considers the merger to be inadmissible under competition law.
The executive board of Deutsche Börse responded: “This is a black day for Europe and for its future competitiveness on global financial markets. The EU Commission’s decision is based on an unrealistically narrow definition of the market that does no justice to the...
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