LSE and Deutsche Börse deal collapses
EU commissioner Margrethe Vestager blocks merger attempt over monopoly concerns
The European Commission (EC) has blocked a merger between the London Stock Exchange Group (LSE) and Deutsche Börse (DB), after the two groups failed to address concerns raised by European Union commissioner Margrethe Vestager with respect to the creation of a monopoly in the clearing of fixed-income instruments.
More than a year since the announcement of the merger, the decision brings the attempt by the two giants to create Europe’s biggest exchange operator to an end. In the EC’s view, the
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