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Europe Daily Bulletin No. 7890

27 January 2001
Contents Publication in full By article 17 / 48
GENERAL NEWS / (eu) eu/competition
Commission beings investigation after five large music publishing groups are suspected of fixing prices for compact discs

Brussels, 26/01/2001 (Agence Europe) - A spokesperson for Commissioner Mario Monti announced, on Friday, that the Commission had opened an investigation on the vertical links that would have been concluded between five major music publishing groups and retailers suspects of fixing prices artificially high for compact discs (CDs) in the EU. The groups under suspicion are EMI, Bertelsmann (through its subsidiary BMG), Warner Music, Sony and Universal, all present throughout the EU. The...

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