Court annuls Sony, Bertelsmann music merger

Court annuls Sony, Bertelsmann music merger


A European Court last week annulled the European Commission’s approval of a 2004 merger between the music units of global media giants Sony and Bertelsmann AG. The Luxembourg-based Court of First Instance, the EU’s second- highest court, said that the commission had failed to prove that the new company would not have a monopoly position. “The commission did not demonstrate to the requisite legal standard either the non-existence of a collective dominant position before the concentration or the a...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now