The European Union’s antitrust authority said on April 28 that it is seeking market feedback on commitments set out by the International Swaps and Derivatives Association and data provider Markit to end Brussels’ concerns about alleged collusion in the lucrative credit derivatives market.

Industry group Isda and Markit committed to a number of measures designed to address the EU's concerns that the industry was seeking to prevent the multi-trillion-dollar market for credit default swaps from moving away from the control of banks and onto regulated exchanges, where trading would be cheaper and less risky.