Apple, others express concern over Sony-BMG merger
updated 08:50 am EDT, Wed June 16, 2004
Apple on Sony-BMG merger
Apple, appearing at the request of the Commission, expressed concern about competition from the Sony site in the final day of a closed hearing before European regulators on the , according to Reuters: "Representatives of Impala, a group of independent record producers, told the hearing they would be hurt by the reduction of the number of major record companies from five to four. Independent producers will have even more difficulty getting their records to market, given that the major players already abuse market power, they alleged."
