Universal's rivals quizzed by EU on EMI takeover

Rivals and customers of Universal Music Group were asked by EU regulators whether the company’s acquisition of EMI Group’s recorded music business would allow it to increase prices.

28th February, 2012
Universal's rivals quizzed by EU on EMI takeover
Will fans of the Beatles suffer an online price rise?

Rivals and customers of Vivendi SA’s Universal Music Group were asked by European Union regulators whether the company’s acquisition of EMI Group’s recorded music business would allow it to increase prices.

Regulators in Brussels asked whether Apple Inc.’s iTunes, the largest online music store, and others could prevent record labels from coordinating prices, according to a document seen by *Bloomberg News*. Regulators also asked whether online music retailers could...

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