EU Blocks Deutsche Boerse's $14 Billion LSE Takeover

The transcript discusses the concerns surrounding a merger involving the London Stock Exchange and the sale of MTS. It highlights the importance of market testing in identifying dependencies and the need for effective remedies. The parties involved submitted an alternative offer late in the process, which was deemed ineffective. The transcript emphasizes the importance of meeting deadlines for submitting proposals and the role of the Commission in preventing monopolies. Ultimately, the merger was prohibited to protect competition in European financial markets.

What were the concerns regarding the merger mentioned in the text?

Why did the London Stock Exchange decide not to sell MTS?

What was the alternative offer submitted by the parties, and why was it considered complex?

How did the market test influence the decision regarding LGH clarinet SA's dependence on MTS?

What implications does the prohibition of the merger have for competition in Europe?