EU refers LSE-Refinitiv deal for scrutiny over competition concerns
Concerns include the combined company's large market share in trading of European government bonds
22 June 2020 - 20:24
Brussels — European Union antitrust regulators on Monday warned about the possible anticompetitive effects of the London Stock Exchange's $27bn bid for data and analytics company Refinitiv as they launched a four-month investigation into the deal.
LSE announced the proposed acquisition last year which will broaden its trading business and make it a major distributor and creator of market data, a profitable and fast growing sector. It will also make it a rival to Bloomberg...
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