The European Commission has announced it will need two further months to investigate the much previously reported proposed merger of Bertelsmann's BMG Music Publishing with Universal Music's publishing firm which needs EC approval to go ahead. Having confirmed last year that it would need to make more detailed investigations into the proposals in order to reach a decision, competition officials had been expected to reach a decision by 2 Apr. However now, seemingly with the support of both BMG and Universal, that decision has been put off until 1 Jun.
Jan 12, 2007
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1 min read
Further delay on EC decision on BMG Universal merger
The European Commission will need two more months to investigate the proposed merger of Bertelsmann's BMG Music Publishing with Universal's publishing arm, pushing its decision to 1 June.