The expected became official Wednesday, when European regulators blocked a merger of New York Stock Exchange parent NYSE Euronext and German peer Deutsche Boerse. According to the Commission the deal would have created a “quasi-monopoly” in exchange-traded European derivatives.
NYSE and Deutsche Boerse had proposed remedies in a bid to allay the fears of the Commission, including the sale of the European single-stock equity derivatives business of Liffe, a NYSE subsidiary that competes with Detusche Boerse’s Eurex.
European Commission scuttles NYSE deal with Deutsche Böerse
