Sunday, April 11, 2004

EU FRUSTRATES BMG, SONY TIE-UP: Plans to have the BMG and Sony music units merged into one, even bigger, even more evil company by September have taken a kick in the guts. The European Conmission has decided the information presented by the two companies isn't in anything like enough detail, and have put their consideration of just how bad this will be for competition into freeze while they await more information. The Commission had originally set a date of June 22nd for their decision, but they're now going to be going on longer than planned - and then there's a similar investigation going on in the States as well. Even if they get a green light, they'll be lucky to be done by Christmas.


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