EU Court Throws Out Sony BMG Ruling
This is a little confusing at first, so bear with us: Reuters reports that on Thursday, the European Union’s highest court threw out a lower court ruling that had originally annulled the European Commission’s approval of a merger between the Sony Music and BMG record labels.
This isn’t too significant for Sony BMG. It’s more significant for the EU, and its power over mergers. But what’s interesting is that the lower court had said the Commission took insufficient care in giving its approval.
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