Antitrust Antitrust

Global swaps group's planned changes to derivatives-contract protocol 'procompetitive,' US DOJ says

By Khushita Vasant
  • 01 Oct 2020 18:25
  • 01 Oct 2020 20:05
The US Department of Justice's antitrust division today said changes proposed by the International Swaps and Derivatives Association to its protocol for derivatives contracts will have “substantial procompetitive” benefits.

The division, in issuing a favorable business review letter, said those benefits will be greater than potential anticompetitive issues.

“The Department believes that ISDA's

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