LSE/Deutsche Boerse merger blocked by European Commission

Fears over competition

Laura Dew
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LSE/Deutsche Boerse merger blocked by European Commission

The European Commission has formally blocked the proposed merger of the London Stock Exchange with German exchange Deutsche Boerse on "competition concerns".

According to the Financial Times, the deal was formally blocked over issues surrounding market concentration in fixed income clearing. Margrethe Vestager, EU competition regulator, said the deal would...

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