Competition regulator says £21bn deal would create a ‘de facto monopoly’The £21bn merger between the London Stock Exchange and its German rival Deutsche Börse has fallen apart after it was blocked by the European commission on the day that Britain served notice on its EU membership.
Margrethe Vestager,the EU competition regulator, said the deal between the London and Frankfurt exchanges would create a “de facto monopoly in the crucial area of fixed income instruments”. Related: EC blocks London Stock Exchange's £22bn merger with Deutsche Börse - commerce live Continue reading...
Source: theguardian.com