UMG/EMI would create 'a highly concentrated industry', says American Antitrust Institute

The AAI, which is a non-profit organsation with a self-described "centrist legal-economic ideology", submitted a written statement to the subcommittee on antitrust, competition policy and consumer rights.

It covered ground that has largely been trodden before, warning that the merger would create a "highly concentrated industry vulnerable to the kind of anticompetitive, welfare-diminishing abuses the antitrust laws were designed to prevent."

Billboard reports that the lack of a level playing field for independent labels is also a concern for the ...

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