Reported 5 months ago
EU antitrust regulators are assessing potential market power expansion by the European Energy Exchange (EEX) through bundled products as it acquires Nasdaq's European power trading business. The European Commission sent a questionnaire to competitors and customers, focusing on conglomerate effects and the potential for the merged entity to use its strong position to dominate similar markets. Concerns include price hikes and barriers for competitors, while EEX and Nasdaq have defended the deal's competition impact.
Source: YAHOO