Sony And Bertelsmann Appeal Merger Annulment

Law360, New York (October 5, 2006, 12:00 AM EDT) -- Bertelsmann AG and Sony Corp. have appealed a court decision to annul the merger of their music units, launching a court process that is expected to last for years.

Bertelsmann and Sony filed the joint appeal to the European Court of Justice, saying the European Commission’s 2004 decision to clear the venture was correctly decided on the law and the facts, Bertelsmann said Thursday.

In July, the Luxembourg-based European Court of First Instance overturned the merger of Sony and Bertelsmann. The decision put a spotlight on...
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