The US FTC closes investigation and clears merger in the market of commercial distribution of recorded music (Universal Music Group / EMI Music)

Federal Trade Commission Approves Universal-EMI* On September 21, 2012 the FTC announced that it had closed its investigation of Universal Music Group’s acquisition of EMI’s recorded music division. The Commission will not seek any concessions or take other action. Elsewhere I’ve written and said that I think the merger is probably awfully anticompetitive and that it should be blocked completely. A few thoughts. From any older-fashioned structuralist, Philadelphia-National-Bank sort of perspective, the merger looks pretty illegal. It is in effect a world-wide 4-to-3. In U.S. markets the existing concentration and the increase in concentration are well in the range of likely anticompetitive effect under the traditional Merger Guidelines approach. Frankly, if I were Queen, that would

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Cleveland-Marshall School of Law

Quotation

Christopher Sagers, The US FTC closes investigation and clears merger in the market of commercial distribution of recorded music (Universal Music Group / EMI Music), 21 September 2012, e-Competitions Bulletin September 2012, Art. N° 48811

Visites 111

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues