The Swiss antitrust regulator is meeting with banks in its investigation into interest-rate manipulation to review its findings and expects to conclude the matter this year, the agency’s president said.
The Competition Commission, also known as Weko, opened the probe in 2012, targeting Swiss banks including Credit Suisse Group AG and UBS Group AG as well as international lenders, Vincent Martenet said in an interview Thursday following the agency’s annual press briefing in Bern.
“We are already in a phase of meetings to show the institutions what’s been discovered and to get their reactions,” Martenet said, declining to specify which firms they’ve begun talking to.
Full Content: Swiss Info
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI