Bloomberg Law
Feb. 6, 2018, 7:10 PM UTC

Apple-Shazam Deal May Hurt Competition in Europe, EU Says

• EU asks Apple to file deal with it instead of Austria • Tie-up’s revenue doesn’t meet usual threshold for EU review

Apple Inc.’s takeover of music-identification service Shazam may threaten competition and should be reviewed by the European Commission, the regulator said.

Apple will be told to file to the Brussels-based antitrust authority. It was originally required to file only with Austria’s regulator, and didn’t have to involve the EU, which usually takes large deals that affect Europe. Austria, Iceland, Italy, France, Norway, Spain and Sweden all asked the EU to take on the oversight.

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