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Brussels Sees Objections to the Purchase of Downtown by Universal Music Due to Competition Problems
Summary by Forbes España
1 Articles
1 Articles
The European Commission has reported this Monday that it sees objections to the purchase of Downtown by the Universal Music group (UMG), on the understanding that the transaction could restrict competition in the recorded wholesale music distribution market while allowing UMG to access "sensitive" commercial data from other rival labels. [...] The Brussels ticket sees objections to the purchase of Downtown by Universal Music due to competition i…
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