European Composer & Songwriter Alliance Urges EU to Block UMG’s Acquisition of Downtown

European Composer & Songwriter Alliance urges EU to block UMG’s acquisition of Downtown

The UMG-Downtown deal “would exacerbate market concentration and further reduce the options available to composers and songwriters,” the ECSA says.

WIN says EU regulators must consider “the structure of the music industry as a whole” when investigating UMG’s Downtown deal

The Worldwide Independent Network has urged European Union competition regulators to ensure they consider “the structure of the music industry as a whole” when investigating Universal Music’s bid to buy Downtown Music Holdings. In an open letter to European Commission EVP Teresa Ribera, WIN CEO Noemí Planas says that the Downtown deal cannot be “analysed merely as a market share acquisition”, and that regulators must consider the control Univer…

WIN sets out its case against UMG / Downtown deal in EC letter

Opposition to Universal Music Group’s planned acquisition of Downtown Music Holdings has been funnelled through the key bodies. The post is from Music Ally.