On 1 February 2012 European Commission blocked the proposed merger of Deutsche Börse and NYSE Euronext. "The merger between Deutsche Börse and NYSE Euronext would have led to a near-monopoly in European financial derivatives worldwide. These markets are at the heart of the financial system and it is crucial for the whole European economy that they remain competitive. We tried to find a solution, but the remedies offered fell far short of resolving the concerns." European competition commissioner Joaquín Almunia said.
on 1 february 2012 european commission blocked the proposed merger of deutsche börse and nyse euronext "the merger between deutsche börse and nyse euronext would have led to a near-monopoly in european financial derivatives worldwide these markets are at the heart of the financial system and it is crucial for the whole european economy that they remain competitive we tried to find a solution but the remedies offered fell far short of resolving the concerns" european competition commissioner joaquín almunia said