For the first time ever, a European appeals court on Thursday annulled a European Commission deal approval, saying regulators should never have cleared the music merger between Sony Corp. and Bertelsmann AG.
Legal experts say that while the ruling may mean the ultimate unravelling of the 2004 deal creating Sony BMG Music Entertainment, the world’s No. 2 music company, they see its impact as far wider on all deals — music and otherwise — in sectors dominated by a handful of powerful players.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
