The european Commission announced, Monday, April 23, the opening of an in-depth investigation into the proposed acquisition by Apple of the application of music recognition Shazam, based in London.
The european executive, the guardian of competition in the european Union, is concerned that the transaction, announced in December by the two groups, ” will not reduce the choice for service users of music streaming “. Quite unusual, the Commission has decided to consider the proposed acquisition so that it does not reach the turnover thresholds set by the regulations of the EU to trigger this type of procedure.
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But she accepted the 6 February to examine the operation following a request by Austria, France, Iceland, Italy, Norway, Spain and Sweden. The Commission had then considered to be ” the authority best placed to examine the potential transboundary effects of the transaction “.
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