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  EU objects to Microsoft-Time Warner deal
Time: 12:53 EST/17:53 GMT | News Source: ZDNet | Posted By: Todd Richardson

The European Commission plans to send formal charges to Microsoft and Time Warner next week, listing objections to their takeover of ContentGuard Holdings, a source close to the situation said on Friday. The software giant and Time Warner asked the European Commission earlier this year for permission to acquire 50-50 ownership of U.S. firm ContentGuard, which makes technology to protect digital files from illegal copying.

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