( June 12, 2026, 09:02 GMT | Official Statement) -- MLex Summary: Bertelsmann Music Group and Concord have won approval from Germany's competition authority to combine their businesses, in a deal that would create one of the largest music companies in the world, the authority said Friday. It will boost Bertelsmann's position in the music business. The deal could however be cleared, despite its "considerable scale,'' because the joint venture would face competition from other music companies which are, in some cases, "considerably larger," antitrust chief Andreas Mundt said, citing Universal Music, Sony Music and Warner Music. Statement follows. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.