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IMPALA says Universal’s “creeping dominance” and “pursuit of key independent players” is a cause for concern after [PIAS] deal

Summary by completemusicupdate.com
Pan-European indie label trade group IMPALA has urged regulators within the European Union, and beyond, to investigate Universal Music’s acquisition of independent label group and distributor [PIAS] which, it says, “squeezes the independents further in an already very concentrated market”. IMPALA says in a statement, “The bottom line is Universal Music Group’s acquisition of [PIAS] will increase the power of UMG across Europe and beyond, includi…
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European UnionEuropean Union
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