Date: 10 months ago   Category: IT & Media

The European Commission has approved the transaction on purchase of Apple of the Shazam — Rambler News Service service


The European Commission has approved acquisition by the Apple company of the application for recognition of music of Shazam, is reported on the website of the commission. "The European Commission has approved acquisition by the Shazam Apple company. The commission has come to a conclusion that merge won't exert negative impact on the competition in European Economic Area or any her considerable part" — it is said in the statement. The European commissioner for the competition Margrethe Vestager has come to a conclusion that the transaction won't lead to decrease in the competition in the market of digital reproduction of music. In February the European Commission has begun verification of the transaction within which Apple has acquired service of recognition of music Shazam. The commission has considered the transaction potentially "adverse" for the competition. Investigation is initiated by Austria, France, Iceland, Italy, Norway, Spain and Sweden. Apple has acquired the British service of recognition of music Shazam in December, 2017.

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