EU antitrust regulators set out formal objections to Universal EMI bid

The label giant released a statement on Tuesday, referring to the regulatory document:

"As part of the European Commission's customary process when considering mergers, they have provided us today with a statement of objections.

"We are preparing a detailed response to the Commission's statement which will address the concerns outlined in this procedural document. We will continue to work closely with the Commission and look forward to securing regulatory clearance,"

While the measures needed to satisfy regulators remain under wraps, ...

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