NYSE Euronext and Deutsche Boerse reacted to the EU antitrust concerns

© Scanpix/AFP

NYSE Euronext and Deutsche Boerse, two large stock exchange operators announced a merger recently. The EU is concerned that the merger will have dominating position hence too much of power in the industry.  The companies wrote a proposal to the EU outlining the absence of high impact on competition.The proposal will be reviewed in the beginning of 2012.