Financial Crime Financial Crime

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

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Khushita Vasant

Chief Antitrust Correspondent, US


Khushita covers US antitrust enforcement and litigation for MLex. A former Brussels hand, she wrote about about antitrust & mergers for the Policy and Regulatory Report (PaRR), she has covered the EU's actions against Google, Apple, Facebook and Amazon to name a few. Khushita specialises in tech and patent policy coverage which featured in the Concurrences Antitrust Writing Awards. Previously as a financial journalist for The Wall Street Journal and Dow Jones Newswires, she wrote about monetary policy and the bond and currency markets. Khushita studied journalism at Mumbai University, and received an Erasmus Mundus scholarship for a masters from universities in Germany and Austria.

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