European Body Will Object To Proposed Sony-BMG Deal.

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  • Additional Information
    • Subject Terms:
      EUROPE
    • Subject Terms:
      EUROPEAN Commission ; SONY Corp. ; BMG Music Publishing (Company)
    • Abstract:
      Reports on the plan of the European Commission to issue formal objections to the planned merger of Sony Corporation of Japan ant he German publisher Bertelsmann Media Group (BMG). Fears that the venture may leave too few large companies left to compete in the European market for recorded music; Suspicion that Sony might abuse the connection between BMG's music arm and its technology division; Appointment of a panel to examine the case; Comments from people close to the companies.