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Deutsche Boerse (DBOEY.PK) will sue the European Commission to overturn the decision to block...

Deutsche Boerse (DBOEY.PK) will sue the European Commission to overturn the decision to block its merger with NYSE Euronext (NYX). The German exchange is fending for itself as the NYSE - at this point - is not taking part in the suit. Lawyers expect it to be a long and uphill battle. The move "sounds like pure optics and annoyance," says one.
Comments (1)
  • Carrot & Stick, again.

     

    Party is over for two (2) months, and they (Germany), are still trying to get in the door. How many more embarrassing moments like this do they need to have before they realize, they are the laughing stock of the Financial Industry. Their (Germany's) continuous fumbles serve as proof they are clueless as to how the system works.

     

    The EU Cartel Regulators have put this to bed, permanently, and again we see Germany, acting in defiance to any and all European Supervisory Authority, and challenging EU Law with their lower, subordinate German State Constitutional Courts.

     

    When will the EC/EU finally warn Germany for the last time, and punish them for any further interference?
    20 Mar 2012, 02:43 AM Reply Like
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