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EU: Antitrust regulators set to clear Apple bid for Shazam

By  |  August 22, 2018

European Commission antitrust regulators are set to approve Apple’s acquisition of music discovery service Shazam with no conditions, reported Reuters.

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    Apple announced its planned acquisition of Shazam in December, but the deal has yet to be completed due to an ongoing EU investigation.

    Regulators were worried that the merger between the two companies would provide Apple with a wealth of data that could allow it to target its competitors’ customers, ultimately resulting in fewer music streaming options for European citizens.

    There were also concerns that Apple would disallow Shazam from referring EU customers to Shazam’s rivals, such as Spotify. At the current time, Shazam can be connected to either Apple Music or Spotify, allowing Shazamed songs to be opened in either service.

    While European Commission spokesman Ricardo Cardoso declined to comment at this time, a final decision on the acquisition is expected on September 18. Once approved, Apple will be able to finalize the deal and complete the Shazam purchase.

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