EU hits pause on Apple's Shazam deal [CNN]
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Source: CNN
EU hits pause on Apple's deal to buy Shazam The European Commission has launched an in-depth investigation into Apple's acquisition of music recognition app Shazam, delaying one of the tech company's biggest deals by at least four months. "The Commission is concerned that the merger could reduce choice for users of music streaming services," Europe's top antitrust regulator said in a statement. It said that the deal would combine two significant players in the digital music industry that are active in complementary business areas. Apple did not immediately respond to a request for comment. Shazam said it couldn't imagine a "better home" than Apple, and looked forward to the deal closing. "Shazam was one of the first apps available when the App Store launched in 2008, we have worked together on music ever since, and the whole team is excited about the future," it said in a statement. The Commission is concerned the deal could give Apple access to commercially sensitive data about the
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