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Derogation 18 may 2021 - gov.uk

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Completed acquisition by sony music entertainment of all of the issued shares ... sony music publishing llc and all of their subsidiaries.
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1DEROGATION LETTERIN RESPECT OF INITIAL ENFORCEMENT ORDERS ISSUEDPURSUANT TO SECTION 72(2) ENTERPRISE ACT 2002Consent under section 72(3C) of the Enterprise Act 2002 to certain actions forthe purposes of the Initial Enforcement Order made by the Competition andMarkets Authority (‘CMA’) on 17 May 2021Completed acquisition by Sony Music Entertainment of all of the issued sharesof the entities comprising the AWAL and the Kobalt Neighbouring Rightsbusinesses from Kobalt Music Group Limited (‘the Transaction’)We refer to your emails and accompanying notes and further information of 6 May2021, 11 May 2021, 13 May 2021 and 17 May 2021 requesting that the CMAconsents to derogations to the Initial Enforcement Order of 17 May 2021 (the ‘InitialOrder’). The terms defined in the Initial Order have the same meaning in this letter.Under the Initial Order, save for written consent by the CMA, Sony GroupCorporation (‘Sony’), Sony Music Entertainment (‘Sony Delaware’), The Orchard,EU Limited (‘Sony Orc...