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Commission launches Phase II review into Universal’s acquisition of EMI recorded music business

By  |  March 26, 2012

The European Commission has launched a Phase II review of Universal’s proposed acquisition of EMI’s recorded music business.

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    An initial market investigation indicated that the deal would have antitrust implications for both Member States and the European Economic Area as a whole. Following the merger, Universal would have high market shares in the wholesale of physical and digital music–the merged entity would be nearly twice the size of the second-largest player in the EEA–and increased market power.

    The Commission will make its final decision on the acquisition by August 8, 2012.

    Full content: EC Press Release

     

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