FTC’s approval of Universal-EMI merger gets mixed reviews

(October 2, 2012) -- The Federal Trade Commission’s recent decision to approve, without conditions, Universal Music Group’s $1.9-billion acquisition of EMI Recorded Music has not quelled the fierce debate about the vibrancy of competition in the recorded music business. The FTC’s 5-0 vote to end its investigation of the merger was praised by those who see the deal as benefiting consumers and artists and condemned by critics who fear the new conglomerate will stifle competition....

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