Deutsche Boerse searched in EU probe into possible antitrust violations

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BERLIN (Reuters) -Deutsche Boerse was searched as part of European Union investigations into financial derivatives and is fully cooperating with authorities, a company spokesperson said.

“We do not comment on ongoing investigations,” added a spokesperson for the German stock exchange operator on Tuesday.

The European Commission said on Monday it had conducted unannounced inspections at financial services companies in two member states over possible breaches of antitrust regulations, but did not specify which firms or how many.

It was not immediately clear if Deutsche Boerse’s main competitor Euronext, which runs stock markets in various cities including Paris and Amsterdam, was also part of the investigation. The company did not immediately return phone calls and emailed requests for comment.

Unannounced probes are a preliminary step into suspected anticompetitive practices…

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