Wednesday, November 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HP Reports Fiscal 2014 Full-Year and Fourth Quarter Results
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Sony To Provide Refunds To Users Over Misleading Ads For PlayStation Vita
Blu-ray Movie Discs Used As Templates For Improving Solar Cell Performance
PC Outlook Remains Cautious
Trade Your iPhone for BlackBerry Passport And Get $550
GreatFire.org Unblocks BBC Chinese
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 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China anti-piracy campaign: licences withdrawn, Superman Returns     Optical Storage News      THX Best Practices Lab Holds Training Session for Facilities to Meet Increasing Demand for HD DVD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 to Reduce Smartphone, TV Lineups
New Sony Alpha 7 II Full-frame Mirrorless Camera Released
Sony Aims At Movie, TV Businesses
New Sony Exmor RS Stacked CMOS Image Sensor Supports Image Plane Phase Detection Signal Processing Function
Sony Unveils PlayStation Vue Cloud-Based TV Service
Sony's New Pocket SSD Drives Released In Europe
PlayStation 4 Sales Sustain Sony's Quarterly Loss
PS4 Remote Play Now Available for Xperia Z3 Series
Sony To Release Android Lollipop To Its Entire Xperia Xperia Z Series
New Sony Headphones, Portable Headphone DAC/Amplifier and Headphone Cables Support Hi-Resolution Audio
Sony Xperia Z3 Coming To The US
PlayStation TV Coming October 14th

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .