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Impala says outcome of EU's review of UMG, Downtown 'falls short'

( February 13, 2026, 16:12 GMT | Official Statement) -- MLex Summary: Impala, a trade association of independent music labels, said the EU review of UMG’s acquisition of Downtown sends a strong warning about excessive consolidation in the music sector, although it believes the final outcome still "falls short." The organisation stressed that growing concentration — particularly by market leader UMG— risks widening the gap between major and independent players, threatening competition, cultural diversity, and the freedom of labels and artists to choose independent distribution. Impala also calls for continued regulatory scrutiny.The statement follows:...

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