Competing arguments

摘要

For the chief executives of Deutsche Boerse (db) and nyse Euronext, this week's hobnobbing in Davos was strictly business. A $9.5 billion plan to unite the two exchanges was derailed in early December when European Commission staff revealed they were likely to advise blocking it on competition grounds. The exchanges are lobbying hard to persuade the 27 eu commissioners to ignore their staff and approve the deal. A decision is due to be made on February 1st.