login
login

Europe Daily Bulletin No. 8752

21 July 2004
Contents Publication in full By article 12 / 41
GENERAL NEWS / (eu) eu/competition
Commission concludes there is not sufficient proof and unconditionally authorises merger between Sony and BMG

Brussels, 20/07/2004 (Agence Europe) - As foreseen, the European Commission has decided to authorise an equal merger between Sony and BMG without calling for any compensation from the two companies (see yesterday's EUROPE, p.13). The Commission's examination of the music publishing market shows a relatively close parallel with prices of CDs marketed by the five majors. However, it recognises in its press release that the proof found was inadequate to allow the existence of a tacit agreement...

Contents

THE DAY IN POLITICS
GENERAL NEWS