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Deutsche Boerse's EEX Faces EU Probe of Nasdaq Unit Takeover.

Authors :
Stolton, Samuel
Source :
Bloomberg.com; 6/19/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

The European Energy Exchange (EEX) is facing an in-depth investigation by the European Union (EU) regarding its plans to acquire Nasdaq Inc.'s European power arm. The EU is concerned that the deal could create a dominant player in the spot market for electricity. EEX has expanded globally in recent years, offering trading in power, emissions, and agricultural commodities. The EU's decision on whether to escalate the probe is expected by June 26. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
177961648