FTC Allows Music Merger Between Universal and EMI

The FTC has cleared the $1.9 billion merger between Universal Music Group and EMI Recorded Music without conditions, determining that the combination of the world's first- and fourth-largest music companies would not substantially lessen competition. European Union regulators also approved the deal, but they required Universal to sell some major assets.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202572276387&rss=newswire

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