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EU: Sony makes no concessions in music deal

By  |  October 22, 2018
EU: Sony makes no concessions in music deal

According to a report from Reuters, Sony has not offered concessions to European Union antitrust regulators reviewing its US$2.3 billion offer for control of EMI to become the world’s largest music publisher, the European Commission website showed on Monday, October 22.

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    EU antitrust regulators earlier this month asked rivals and users whether they think the Japanese group would use its greater market power to win better terms in digital media deals.

    The deadline for proposed concessions in the European Commission’s preliminary assessment of the deal was October 19. The Commission’s website showed that Sony had not submitted any.

    Full Content: CNBC

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