Affected market: UK music publishing
The parties notified the transaction to the Office of Fair Trading by
way of informal submission on 10 June 2008. The OFT's administrative
deadline to announce its decision is 5 August 2008. The acquisition
completed on 23 April 2008. Therefore the statutory deadline for the
Office of Fair Trading to announce its decision is 22 August 2008.
On the basis of the information available to it, the Office of Fair
Trading has decided that the completed acquisition of Big Life Music
Limited by Universal Music Publishing Limited does not qualify for
investigation under the mergers provisions of the Enterprise Act 2002
(the Act), because neither the UK turnover test nor the share of supply
test in section 23 of the Act is met. A relevant merger situation has,
therefore, not been created.