LSE and Deutsche Börse deal collapses

EU commissioner Margrethe Vestager blocks merger attempt over monopoly concerns

european commission headquarters
Deal breaker: the merger "would have significantly reduced competition by creating a de facto monopoly in the crucial area of clearing of fixed-income instruments" – Margrethe Vestager

The European Commission (EC) has blocked a merger between the London Stock Exchange Group (LSE) and Deutsche Börse (DB), after the two groups failed to address concerns raised by European Union commissioner Margrethe Vestager with respect to the creation of a monopoly in the clearing of fixed-income instruments.

More than a year since the announcement of the merger, the decision brings the attempt by the two giants to create Europe’s biggest exchange operator to an end. In the EC’s view, the un