Following the market test in relation to the remedy proposal of 6 February 2017, the European Commission has raised new concerns regarding the viability of LCH SA as a divestment business in relation to access to bondand repo trading feeds currently provided for by MTS S.p.A., an Italian regulated electronic trading platform. The European Commission has therefore required that Deutsche Börse AG ("DBAG") and London Stock Exchange Group plc ("LSEG") commit to the divestment of LSEG's majority stake in MTS S.p.A. to secure merger clearance.
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