Speaking to investors following Vivendi's Q1 results last night, CFO Philippe Capron said that he didn't see opposition to the proposed deal outside of Universal's direct competitors.

"[In terms of] the antitrust scrutiny process, I would say is on track on both sides of the Atlantic," he said. "We're in Phase II in both cases. I won't comment on the specifics of course, but I just wanted to make the comment that you'll hear a lot of noise, but this ...