Tuesday, July 10, 2007

RTL, Liberty Reject Efforts by Copyright Agencies to Settle Dispute in EU

(Bloomberg) -- RTL Group SA, Deutsche Telekom AG,
Liberty Global Inc. and two dozen competitors asked European
Union regulators to reject an offer by national royalty-
collection agencies to settle an antitrust case.

The agencies, which collect performance and broadcast fees
on behalf of artists and composers, offered to drop some
restrictions on the licenses they sell to address EU concerns
they break competition rules. RTL, Europe's biggest broadcaster
and a unit of Germany's Bertelsmann AG, has complained that the
proposal is inadequate because key rights remain in the hands of
the 27 separate national groups.


Read more at Bloomberg Currencies News

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