The Federal Trade Commission has closed its nonpublic investigation of the proposed acquisition by Vivendi, S.A., parent company of Universal Music Group, of EMI Recorded Music without taking any action, and Bureau of Competition Director Richard Feinstein has issued a related statement.
The Commission vote to close the investigation was 5-0. The closing letters to the companies can be found on the FTC’s website and as a link to this press release. (FTC File No. 121-0044; the staff contact is Robert S. Tovsky, 202-326-2634)
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