EU Says Universal Music's Buyout of EMI Would Hurt Competition -Reuters
July 03 2012 - 4:53PM
Dow Jones News
The European Commission told Universal Music Group that its
proposed acquisition of EMI Music would significantly hurt
competition, Reuters reported Tuesday, citing three people familiar
with the matter.
Tuesday was the deadline for Universal to reply to the
commission's concerns, which were detailed in a statement sent last
month, the report said.
Full story at
http://www.reuters.com/article/2012/07/03/us-emi-universal-eu-idUSBRE8620BN20120703
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