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EU opens in-depth probe into collecting societies’ JV

By Sille Ruubel ( January 14, 2015, 14:11 GMT | Insight) -- EU competition officials have opened an in-depth investigation into a planned joint venture among three European royalty-collecting societies. The deal could lead to “higher prices and less choice” for consumers and might worsen commercial conditions for online service providers, the European Commission said.EU competition officials have opened an in-depth investigation into a planned joint venture among three European royalty-collecting societies, saying the deal could lead to “higher prices and less choice” for consumers and worsen commercial conditions for online service providers....

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