Home > Brands > Apple > Shazam! Apple Tipped To Get EU Approval For Music App

Shazam! Apple Tipped To Get EU Approval For Music App

Apple is set to get the nod from EU antitrust regulators for its planned purchase of British music discovery app Shazam.

The deal, first revealed in December last year, would probably help the iPhone maker compete with industry leader Spotify.

However the European Commission antitrust authority said it is concerned that the Shazam deal might have given Apple an unfair advantage in poaching users from its rivals. It also cited worries about Apple possibly halting referrals from Shazam to rivals of Apple Music.

Technology news Web site TechCrunch said at the time that the price could be around US$400 million, far short of the most recent $1 billion valuation for privately held Shazam.

You may also like
Alcatel Snare Record 188% Sales Growth
Qualcomm Asks China To Ban iPhone XS, XR
New iPhone XS Max To Get Cheaper OLED Screen
iPhone & iPad Owners To Get Major 24Bit BluOS Audio & Netflix Streaming Update
Belkin Debut Made For iPhone Lightning Power Bank