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Europe Daily Bulletin No. 10846

16 May 2013
Contents Publication in full By article 38 / 40
ECONOMY - FINANCE - BUSINESS / (ae) competition

15/05/2013 (Agence Europe) - Mergers: Parlophone Label Group/Access Industries. On 15 May, the European Commission gave the go-ahead to the acquisition of Parlophone Label Group by Access Industries Inc., controlled by Warner Music Group. The Commission says that the deal will not have a negative effect on competition because Warner Music Group will continue to be faced with big competitors, like Sony, Universal Music Group and independent record labels. (OL/transl.fl)

 

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