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The European Union has initiated unannounced antitrust inspections in the financial services sector, focusing on potential oligopoly practices in the derivatives markets. Authorities conducted raids on several financial firms, including Deutsche Boerse, which confirmed the inspections. The EU's investigation aims to uncover possible cartel activities related to financial derivatives. An EU statement did not specify which companies were inspected or in which member states they reside.
Deutsche Boerse AG said it was raided by European Union antitrust watchdogs who suspect that the firm may have been involved in a cartel related to “financial derivatives.” A spokesperson confirmed that the company was hit by the EU’s unannounced inspections on Monday, and that…
Deutsche Boerse searched in EU probe into possible antitrust violations https://t.co/toRnt0uOHC https://t.co/MR6EqQnFhj
Deutsche Boerse says it was raided by EU antitrust watchdogs who suspect that the firm may have been involved in a cartel related to "financial derivatives" https://t.co/ClCMRhAjfH
