Leading stock exchanges find themselves in the European Commission’s crosshairs.
In a dramatic escalation of the European Union’s ongoing efforts to curtail anti-competitive behaviour in financial markets, EU antitrust officials have raided the offices of Deutsche Boerse and Nasdaq. The unannounced inspections are part of a wider investigation into potential collusion and abuse of dominant market positions within the financial sector, with the European Commission confirming in a news release earlier today (24 September) that it was “carrying out unannounced antitrust inspections at the premises of companies active in the financial services sector in two…
