{"id":6153,"date":"2016-08-23T00:00:00","date_gmt":"2016-08-23T00:00:00","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2016\/08\/23\/impala-vs-sony-music-and-eu\/"},"modified":"2016-08-23T00:00:00","modified_gmt":"2016-08-23T00:00:00","slug":"impala-vs-sony-music-and-eu","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2016\/08\/23\/impala-vs-sony-music-and-eu\/","title":{"rendered":"IMPALA Vs Sony Music and EU"},"content":{"rendered":"<p><span class=\"normal\"><img decoding=\"async\" src=\"https:\/\/scontent.fath2-1.fna.fbcdn.net\/v\/t1.0-1\/c11.0.160.160\/p160x160\/13516629_1121259561279198_7655436494613402280_n.png?oh=3c3732eb66bc09d7dcf823b76e6191ca&amp;oe=5859C496\" border=\"0\" \/><br \/>The European Commission has decided to clear Sony&#8217;s buyout of the late Michael Jackson estate&#8217;s shares in Sony\/ATV. This decision follows a preliminary investigation during which the Commission examined the views of customers and competitors. IMPALA and others raised concerns that the transaction would reinforce  the market power of the world&#8217;s biggest music publisher, creating  serious competition problems, including for online platforms and  consumers.  <!--more-->  <br \/> Despite this, the EU has found that the transaction wouldn&#8217;t change the  current situation materially. This often happens in cases involving a  change of ownership, which typically come under less scrutiny than other  transactions.<\/p>\n<p> Market participants had argued that this buyout is not a simple change  joint to sole control transaction. IMPALA described the buyout as  &#8220;transformative&#8221; and urged the Commission to open a detailed Phase 2  investigation and\/or impose tough remedies.<\/p>\n<p> Helen Smith, Executive Chair of IMPALA, commented, &#8220;This decision is  clearly wrong. It goes against the EU&#8217;s previous analysis of  concentration in music, as well as the concerns raised during this  market investigation. We will need to read the decision in full when  published to understand properly why the Commission has allowed this  transaction to go ahead &#8211; there is a fundamental flaw somewhere.&#8221;<\/span><\/p>\n<p><span class=\"normal\"><br \/><\/span><\/p>\n<p><span class=\"normal\">Source: <\/span><span class=\"title\">IMPALA <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission has decided to clear Sony&#8217;s buyout of the late Michael Jackson estate&#8217;s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-6153","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/6153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=6153"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/6153\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=6153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=6153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=6153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}