June 26 (Reuters) – Exchanges Nasdaq (NDAQ.O), opens new tab and the European Energy Exchange (EEX) (T3PA.DE), opens new tab, Europe’s biggest power bourse, said on Wednesday they have cancelled plans under which the EEX would have purchased Nasdaq’s Nordic power trading and clearing business.

The deal would have increased EEX’s dominance in the European power trading sector even further.

Although the deal, which was announced last year, did not meet the standard threshold requirements for an EU anti-trust investigation, some authorities in Nordic member states requested that the EU Commission take a closer look at the case on concerns it could hamper market competition.