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EU competition regulators open ‘in-depth investigation’ into Apple’s Shazam takeover
The European Commission has opened a formal investigation into the proposed acquisition of Shazam by Apple under the EU Merger Regulation. The Commission is concerned that the merger could reduce choice for users of music streaming services. Competition Commissioner Margrethe Vestager said ‘The way people listen to music has changed significantly in recent years, with more and more Europeans using music streaming services. Our investigation aims to ensure that music fans will continue to enjoy […]