Commerzbank Ducks EU's Credit Default Swap Antitrust Probe

Law360, New York (April 3, 2013, 6:00 PM EDT) -- The European Commission has reportedly halted an antitrust investigation into Commerzbank AG, one of more than a dozen banks targeted by the watchdog over an alleged cartel in the market for credit default swap information.

Europe's competition watchdog has closed, for now, a probe of Germany's Commerzbank, which the commission was investigating over its possible role in an alleged plot carried out by several investment banks and Markit Group Ltd. to control access to Markit's CDS transaction data, according to a Wednesday report in Die Zeit,...
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