AB Launches Competition Investigation into Deutsche Börse and Nasdaq

Important Investigation by the EU: Deutsche Börse and Nasdaq

The European Union (EU) Commission has announced the initiation of an official investigation into the German Deutsche Börse and the US-based Nasdaq. The purpose of this investigation is to assess whether these two major financial institutions have violated EU competition rules.

Investigation on Coordination of Derivative Transactions

The statement revealed that it will be questioned whether Deutsche Börse and Nasdaq coordinated their activities related to the quotation, trading, and clearing of financial derivatives in Europe. There are allegations that the two companies may have engaged in coordinated actions in the trading of certain derivative instruments, including claims of coordinating prices and sharing commercially sensitive information.

Previous Raids and Regulatory Authority

Last September, the EU Commission conducted raids on Deutsche Börse and Nasdaq as part of an investigation targeting derivative markets. The authority to monitor competition among companies operating in EU countries lies entirely with the EU Commission. In cases where anti-competitive situations are detected in such investigations, the Commission imposes high fines along with the justifications.

Conclusion and Expectations

The EU Commission will carefully examine situations that may harm competition throughout the investigation process and will take necessary measures if violations are detected.