The Spanish Competition Authority cleared in phase II a merger in the music sector, subject to removal of of a non-competition clause (Universal Music/Vale Music)

The operation The operation involved the acquisition of Vale Music, including its subsidiary Ticker Media Superventas, by Universal Music. The contract signed by the parties included a non-competition clause, whereby the manager of Vale Music committed not to compete with the activities of the acquired business for a specified term. The

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Daniel Domínguez Muñoz, The Spanish Competition Authority cleared in phase II a merger in the music sector, subject to removal of of a non-competition clause (Universal Music/Vale Music), 20 September 2006, e-Competitions September 2006, Art. N° 20859

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