EU Puts Up A Road Block On Apple’s Shazam Acquisition

Posted by at 11:02 am on April 23, 2018

The European Commission is holding up Apple’s planned acquisition of Shazam.

“The Commission is concerned that the merger could reduce choice for users of music streaming services,” said the Commission in a statement.

Shazam is used by hundreds of millions of people worldwide to query song identities. It is available to Android and iOS devices alike.

Margrethe Vestager, in charge of the EU’s antitrust unit, said the Commission wants 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 EU is also concerned about consumer data Apple will gain. The $400 million deal was first made public in December.

The European Commission is going to investigate the transaction to see if it might create unfair competition. Apple didn’t immediately comment on the Commission’s decision.

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