London Stock Exchange and Deutsche Börse merger blocked by EU
(The Guardian Germany)

Competition regulator says £21bn deal would create a `de facto monopoly´The European commission has blocked the proposed £21bn merger of the London Stock Exchange and its German rival Deutsche Börse, ending plans for the tie-up on the day that Britain officially requests to leave the EU.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 - business live Continue reading...