The European Commission gave Sony Corp. and Bertelsmann AG unconditional clearance Wednesday to combine their music units — concluding that the deal, originally approved in 2004, was not monopolistic.
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But regulators said firmly that their original conclusion was correct and they had mountains of new evidence to prove that the two companies would not damage the music scene by shrinking the number of major music companies from five to four.

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Posted Thursday, October 4th, 2007 at 8:47 pm
Filed Under Category: Label News, Music Business
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