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Apple wins EU clearance for Shazam takeover

2018-09-06 16:39:00| Telecompaper Headlines

(Telecompaper) The European Commission has cleared Apple's acquisition of Shazam, after an extended investigation found no major threat to competition from the deal.

Tags: apple clearance wins takeover

EU launches in-depth probe of Apple's Shazam acquisition

2018-04-24 08:56:00| Telecompaper Headlines

(Telecompaper) The European Union's antitrust watchdog has announced the launch of an in-depth investigation into Apple's proposed acquisition of song-identification app Shazam amid concerns the merger could reduce choice for users of music streaming services. In a statement, EC Commissioner Margrethe Vestager said: "our investigation aims to ensure that music fans will continue to enjoy attractive music streaming offers and won't face less choice as a result of this proposed merger." The EC added that the transaction announced in December and valued at EUR 400 million would combine two significant and well known players in the digital music industry that are active in complementary business areas. It has 90 working days, until 04 September, to take a decision.

Tags: acquisition probe launches apples

Apple's Shazam deal faces European probe

2018-04-23 19:33:43| BBC News | Business | UK Edition

Seven countries asked the European Commission to review the purchase of the music identification app.

Tags: deal european faces probe

EU calls for competition review of Apple's takeover of Shazam

2018-02-07 08:35:00| Telecompaper Headlines

(Telecompaper) The European Commission will ask Apple to file for competition approval for its acquisition of Shazam. The Commission said it considers the transaction may adversely affect competition in the EU.

Tags: of review calls competition