A PYMNTS Company

France: Minister warns LSE merger could stifle competition

 |  May 22, 2016

The French finance minister has raised fears that the London Stock Exchange’s merger with its German rival Deutsche Boerse could undermine competition.

As politicians across Europe grapple with the implications of the £21bn combination of market operators, Michel Sapin called on the European Commission to intervene and ensure that the enlarged firm does not have a “dominant position” in the market.

“I want to express the concern of the French government on this tie-up” Sapin said in a statement emailed to Reuters. “We have doubts about the consequences this could have for the financing of the real economy in France and Europe.

“The merger of these two entities will result in a large group which could hold within it a majority of the tools that make our markets function efficiently,” he added.

Full Content: Telegraph

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.

Norton Rose Adds Antitrust Partners in Italy Norton Rose Adds Antitrust Partners in Italy

Norton Rose Adds Antitrust Partners in Italy

 |  January 20, 2025

Norton Rose Fulbright has announced the addition of two seasoned professionals, Veronica Pinotti and Martino Sforza, to its antitrust and competition practice in Milan. According to a statement released by the firm on Monday, both lawyers have joined as partners, bringing a wealth of expertise in various facets of competition law.

Martino Sforza’s practice focuses on a range of areas, including consumer protection, data privacy, and regulated markets, in addition to his extensive work in antitrust matters. His broad experience makes him a valuable addition to the firm’s Milan office.

Veronica Pinotti, also joining from White & Case, specializes in advising clients on complex legal matters involving joint ventures, mergers and acquisitions, cartels, and abuse of dominance. She is also highly experienced in navigating state aid issues and regulatory concerns.

Source: Bloomberg