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Sony BMG Blocked
07/14/06
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(CMJ) An EU court has overturned the European Commission's approval of the 2004 merger between Sony Music and BMG.

The decision, announced July 13, annulls the merger, forcing the Commission to re-examine the case and requiring Sony and BMG to request clearance for the deal again. BMG released a statement saying: "Today's judgement does not affect the validity of the Sony BMG joint venture, which has been up and running since August 2004."[see full story for more] - Click here for the Full Story

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