Tuesday March 10 2015
News Source: Global Exchanges
Focus: Other
Type: General
Country: European Union
Link: http://europa.eu/rapid/press-release_MEMO-15-4579_en.htm
The European Commission has stated that it has welcomed the judgement of the General Court (case T-175/12) upholding the Commission’s 2012 decision under the EU Merger Regulation to prohibit the proposed merger between Deutsche Börse and NYSE Euronext.
In February 2012, the Commission prohibited the proposed merger between Deutsche Börse and NYSE Euronext.
The Commission assessed the transaction`s effects on competition on the markets for exchange traded derivatives based on European financial underlyings, namely European interest rate, single stock equity and equity index derivatives.
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