Monday, February 08, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Has A Gear VR Competitor In The Works: report
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
Following Outcry, Twitter's Dorsey Says Live Tweets Are Here To Stay
Samsung Files Patent For A Vein-authentication System On A Smartwatch
BlackBerry Cuts 200 Jobs To Trim Costs
Taiwan Earthquake Temporarily Suspended TSMC's And UMC's Production
Samsung Loses Memory-Chip patent Trial Against Nvidia
Twitter Suspends Accounts To Combat Extremism
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > Optical Storage > Sony an...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 05, 2006
Sony and Bertelsmann appeal against EU court ruling


Sony and Germany's Bertelsmann have appealed against an EU court ruling that scuppered a planned merger of their music businesses, the European Court of Justice has said.

A joint appeal was lodged on Tuesday," a European Court of Justice spokesman told AFP on Thursday. In the summer of 2004, the European Commission gave the green light for the merger of Sony Music and BMG, the music arm of Bertelsmann.

That marriage would have given birth to the second-largest music group in the world. However, independent music labels brought a case to the European Court citing competition problems. They claimed the deal would stifle competition, as it would reduce the number of major music labels from five to four -- the others being Universal, Warner et EMI -- and that those behemoths would control 80 percent of the European music record market.

In July the judges in Luxembourg ruled that the Commission decision had been "riddled with errors". The ruling suggested that the European competition authorities should re-examine the matter. The Commission could in theory veto the deal within weeks. While such an outcome remains unlikely, industry experts expect new conditions to be attached to any merger to assuage the anti-competition fears.


Previous
Next
SAPPHIRE Strengthens AGP Offering X1300/X1650 models        All News        Siemens stops payments to BenQ
China anti-piracy campaign: licences withdrawn, Superman Returns     Optical Storage News      THX Best Practices Lab Holds Training Session for Facilities to Meet Increasing Demand for HD DVD

Get RSS feed Easy Print E-Mail this Message

Related News
Sony Xperia Z5 and Xperia Z5 Compact Are Now Shipping In The U.S.
PS4 Kept Sony Alive In Q3
Sony Launches a New USB Type-C Flash Drive For Speed On The Go
Sony Buys Altair Semiconductor In IoT Push
Sony Brings PlayStation and Network Services Under Sony Interactive Entertainment LLC
Sony Enhances Ultra High-Speed Media Offerings with New XQD And SD Cards
Sony Unveils Its Latest Products At CES 2016
Sony Battery To Boost Smartphone Battery Life
Sony To Buy CMOS And Memory Controller Manufacturing Fabrication Facilities From Toshiba
Sony CEO dismisses Chip Development Rumors
Sony a68 A-mount Camera Shipping With 4D FOCUS
Sony Returns To profitablity Following Strong PS4 Sales

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .