23 October 2017
Find out more

OFT clears Nyse/Euronext merger

09 October 2006  |  1933 views  |  0 Source: Office of Fair Trading

The OFT today announced the clearance of the anticipated merger between NYSE Group, Inc and Euronext N.V., operators of the NYSE and Euronext stock exchanges.

The OFT focused its inquiry on the impact of the merger on UK customers, particularly in listing and equities trading, and concluded that no relevant competition concerns were raised. While a number of third parties raised concerns, these either did not relate to the prospect that the merger would substantially lessen competition in the UK or were otherwise unpersuasive in light of the weight of evidence available.

As always, this decision is without prejudice to the review by the OFT or other competition authorities of any other potential consolidation in this area.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.niceactimize.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
16679 views comments | 19 tweets | 33 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
14129 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10403 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
10090 views comments | 13 tweets | 10 linkedin

Featured job

Find your next job