capital market: The merger would negatively impact the functioning of the capital market, according to Euro News. Such a concentration of trading and trade-related services poses a clear threat to competition, Portugal Finance Minister Mario Centeno wrote in a letter to Competition Commissioner Margrethe Vestager, a copy of which was seen by Reuters. Portugal objections raise pressure on the agreed $30 billion deal that has already been rocked by Britain vote last month to leave the European Union. It also endangers the viability of several European stock exchanges, it said. France and Belgium have already expressed similar opinions. Portugal finance ministry said the letter was sent in late June and confirmed its contents.
(news.financializer.com). As
reported in the news.
Tagged under capital market, portugal objections topics.