EU Court Backs Sony-BMG Joint Venture

Law360, New York (July 10, 2008, 12:00 AM EDT) -- The top European Union court has reinstated the European Commission's blessing of a joint venture between global recorded music firms Bertelsmann AG and Sony Corp. of America, ruling Thursday that a lower court committed several errors when it nullified the deal.

The European Court of First Instance had examined only two of the five claims asserted by an association of independent music production companies that challenged the joint venture. The European Court of Justice found that the lower court was not in a position to weigh...
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