Merger Notification - Announcement according to § 10 Cartel Act
BMG RIGHTS MANAGEMENT GmbH; Telamo Musik & Unterhaltung GmbH
BWB/Z-6026
On 02.08.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
BMG RIGHTS MANAGEMENT GmbH, Berlin, intends to acquire all shares in and sole control over Telamo Musik & Unterhaltung GmbH, Munich.
Field of business concerned: Recorded music business
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.08.2022.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 31.08.2022 .