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European Business Organization Law Review (EBOR) (1)

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Competition and Co-operation between Stock Exchanges in Europe – Legal Aspects and Challenges
Nis Jul Clausen, Karsten Engsig Sorensen
Journal:

European Business Organization Law Review (EBOR) / Volume 3 / Issue 2 / June 2002

Published online by Cambridge University Press:

17 February 2009, pp. 371-402

Print publication:

June 2002
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In the last two decades there have been many examples of co-operation between national stock exchanges in Europe. However, most of these have been cooperation on a very low scale. Starting in 2000, this pattern seems to have changed. Stock exchanges have committed themselves to “alliances”, or even “mergers”, entailing a co-operation which is far more intensive than most former examples of co-operation. In the last couple of years many such alliances have been formed, some have been dissolved, and even more have been considered.