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Case facts
Outline | European Commission merger investigation into the creation of a full-function joint venture combining the online repertoires of three collective rights management organisations, PRS for Music Limited, Föreningen Svenska Tonsättares Internationella Musikbyrå u.p.a and Gesellschaft für musikalische Aufführungs- und mechanische Vervielfältigungsrechte. There are horizontal overlaps in the markets for the licensing of online musical works and administrative services offered to option 3 publishers. |
Latest developments | The Commission cleared the transaction subject to commitments on 16 June 2015 after a phase II investigation. The Commission has accepted the following commitments: • PRSfM will not to use its control over the performing rights that it manages to force 'Option 3 publishers' or their service providers to purchase copyright administration services from the joint venture–the joint venture will allow other collecting societies and 'Option 3 publishers' to choose which copyright administration services they want to use• the joint venture will offer key copyright |
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