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Image header Agence Europe
Europe Daily Bulletin No. 9430
Contents Publication in full By article 26 / 32
GENERAL NEWS / (eu) eu/competition

Conditional green light to Universal's purchase of BMG's music publishing business

Brussels, 22/05/2007 (Agence Europe) - On Tuesday, the European Commission approved under the EU Merger Regulation the proposed acquisition of the music publishing business of Bertelsmann Music Group (BMG) of Germany by the US-based Universal. Brussels found that the proposed merger, as initially notified, raised serious doubts as regards adverse effects on competition in the market for music publishing rights for online applications. However, the Commission's investigation found that these...

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