EU to scrutinize Apple's Shazam takeover on competition concerns from member states
The European Commission on Tuesday said it will look into whether Apple's proposed Shazam acquisition meets competition standards, following a request by several EU countries.
The request was initially made by Austria, but subsequently joined by France, Iceland, Italy, Norway, Spain and Sweden.
"On the basis of the elements submitted by Austria and the countries joining the referral request, and without prejudice to the outcome of its full investigation, the Commission considers that the transaction may have a significant adverse effect on competition in the European Economic Area," the Commission said. "The Commission has also concluded that it is the best placed authority to deal with the potential cross-border effects of the transaction."
Shazam is a preeminent music recognition app, so much so that Apple wove it into Siri in 2014. Apple announced plans to buy it outright in December 2017.
The Commission may be worried about the company forcing competing music services out of the app. While the Android version has hooks for several services like Google Play, Spotify and Deezer, the iOS version is limited mostly to Apple Music, iTunes and Spotify -- and many songs may not link to the last of the three, based in Sweden.
The request was initially made by Austria, but subsequently joined by France, Iceland, Italy, Norway, Spain and Sweden.
"On the basis of the elements submitted by Austria and the countries joining the referral request, and without prejudice to the outcome of its full investigation, the Commission considers that the transaction may have a significant adverse effect on competition in the European Economic Area," the Commission said. "The Commission has also concluded that it is the best placed authority to deal with the potential cross-border effects of the transaction."
Shazam is a preeminent music recognition app, so much so that Apple wove it into Siri in 2014. Apple announced plans to buy it outright in December 2017.
The Commission may be worried about the company forcing competing music services out of the app. While the Android version has hooks for several services like Google Play, Spotify and Deezer, the iOS version is limited mostly to Apple Music, iTunes and Spotify -- and many songs may not link to the last of the three, based in Sweden.
Comments
I know they are not (usually voting near 75% in the "no"). just surprised to see their name
My guess is that you’ll find Spotify at the end of this particular paper chain.
1/2000th of the size of Apple.
Ok maybe the company isn't technically "tiny" but they are the epitome of niche.
This is a little weird:
The board is acting up.
Austria - have you ever even been to Austria? Have you ever met anyone from there? It’s a country where a lot is happening and you really should learn something about it before you revile it.
Turkey??? Yea, well, Japan has territorial disputes with S. Korea and Russia but I don’t see how Turkey or Japan has anything to do with the subject of this article.
Another enlightening set of comments on AI.
Even under Hitler or Stalin, a farmer could choose to produce any cheese he preferred. Nowadays, the EU official is watching him. – Janusz Korwin-Mikke
lol.An organization explicitly designed for the sole purpose of committing the crime against humanity of [content redacted for “political” reasons]–as admitted by its founders–is getting bashed? Gee. How about that.
Someone sure needs to wake up if they think the US is “threatened” by the organization its treasonous leadership purposely helped create.
As for the US feeling 'threatened'. I'm not sure if that's the word but it surely could be. Not too long ago there were rumblings of world trading in crude oil moving to the euro. That simple move would have undermined the entire US economy. Definitely reason to be very concerned at the very least.
My guess is that most people who have actually lived in both places would choose the EU as place of permanent residence if they had the choice. That's my experience after having dealt with countless US citizens residing in the EU for work purposes over more than two decades.
Sometimes it's the little (big) things that count.
www.thenationalstudent.com/In-Depth/2016-05-18/uk_vs_us_food_what_i_learned_during_my_time_abroad.html
Protections, there are many. Food Safety and labelling is one. Competition is another. This move will scrutinise the deal to guarantee that it will not alter the playing field too much. Is that any different to what the US does?
On a broader scale belonging to the EU affords us power, influence and protection that we wouldn't enjoy otherwise. Even the latest polls now claim that British opinion has changed over Brexit. Not that there was overwhelming support for it in the first place.
The scrutiny of this deal would be less effective if every member state had to evaluate it individually.
You chose to quote Janusz Korwin-Mikke. Very unfortunate given his record and entirely unrepresentative of the realities of the EU.