Universal's EMI acquisition could be cleared in EU by March 23

Universal officially filed its EMI bid with the EC's competition regulators on Friday.

A Universal spokesperson told Music Week: "Universal Music Group confirms that it has submitted its filing to the European Commission for the acquisition of EMI's recorded music business. We will work closely with the Commission and remain confident of securing clearance."

Its provisional acquisition comes amid strong opposition from European indie label group IMPALA, as well as rival major Warner - which lost out in a bidding ...

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