18 Feb European Commission Will Scrutinize Warner Music Group Purchase of Parlophone
Source: Warner Music Group “Will Be Scrutinized” by European Regulators
By Paul Resnikoff – Feb. 7, 2013 – From Digital Music News
So what’s the difference between a Warner Music Group and a Universal Music Group, anyway? In the eyes of European regulators, the answer might be ‘not much,’ which is why according to a pair of sources, Warner Music’s now-confirmed, £487 million ($762 million) purchase of Parlophone Label Group is likely to get a stringent review or even a direct challenge from the European Commission in Brussels.