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Business

EU To Approve Sony-Bertelsmann Music Merger

The European Union's antitrust chief decided Thursday to approve a merger between Sony Music and Bertelsmann AG's BMG after deciding it didn't have enough evidence of potential harm to consumers to block the deal, sources familiar with the case said. The decision came after two days of closed-door hearingsthis week at which the companies faced off against competitors and the EU antitrust team.