Universal EMI deal to be discussed by American Senate subcommittee

The hearing is likely to be held this summer. A witness list is yet to be announced, but chief executives from the merging parties typically appear, along with supporters and critics of the deal.

The sale, which will give Universal about 40 percent of the recorded music market if approved, is a concern for consumer advocates and industry rivals who fear the new joined unit would have too much power to raise prices.

Supporters say that Universal has lost pricing ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...