EU Clears Marriage Of Sony, Bertelsmann—Again

Law360, New York (October 3, 2007, 12:00 AM EDT) -- To the dismay of European independent music companies, the European Commission on Wednesday approved the merger of the music arms of Sony Corp. and Bertelsmann AG for a second time.

The commission had originally approved the deal in July 2004. But two years later, the Luxembourg-based European Court of First Instance annulled the ruling, prompting a second inquiry.

Following that inquiry, Neelie Kroes, the European Commissioner for Competition Policy, said, “We concluded that this merger was not a threat to competition, and have therefore cleared it...
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