Nasdaq Drops 1.8% Pre-Market Amid EU Antitrust Probe
The European Commission opened an investigation into potential collusion between Nasdaq and Deutsche Börse, triggering a notable pre-market decline in Nasdaq shares.
Summary
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Terms & Concepts
European Commission: The executive body of the European Union responsible for proposing legislation and enforcing EU laws.
Antitrust investigation: A formal inquiry into whether companies have engaged in practices that restrict competition, such as price-fixing or collusion.