EU Antitrust Watchdog May Probe Loan Syndication Market

Law360, New York (February 16, 2017, 7:06 PM EST) -- The European Union's antitrust watchdog said Wednesday it may launch a review of competition issues involving loan syndication, when multiple lenders join together to provide one loan, as financial services continues to be a priority for the enforcer in 2017.

The European Commission's competition directorate is considering looking into the sector in the year ahead, the agency said in its annual management plan. Financial services probes have already been a central part of the watchdog's work for years as a series of post-crisis banking scandals led...
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