An internal EC report similar to the AOL-Time Warner document has recommend against the merger of the music companies. Senior executives from the companies met EU Competition Commissioner Mario Monti in his Brussels offices Monday to offer last-minute concessions to address his concerns about their joint venture. On Tuesday, EMI and Time Warner are expected submit a complex package of proposals. AOL executives are expected to meet EC officials later this week. Commission officials on Monday said it was too early to say which way the decisions were going, but stressed that draft decisions were a normal procedural step.
Experience suggests otherwise.
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