01:40 PM EDT, 05/22/2024 (MT Newswires) -- The European Commission is seeking feedback on the European Energy Exchange's acquisition of Nasdaq's (NDAQ) European power trading and clearing business, Reuters reported Wednesday, citing a person with direct knowledge of the matter.

EU antitrust regulators sent a questionnaire to the rivals and customers of EEX and Nasdaq to determine whether the deal might expand EEX's market power, the report said.

The EEX and Nasdaq had assured the commission that the deal posed no significant threat to competition in the EU, that it would not eliminate competition between them, and that market reaction had been positive, the report said.

Nasdaq and the commission declined MT Newswires' requests for comment, while the EEX did not immediately reply.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 62.65, Change: +0.21, Percent Change: +0.34