EC to assess the acquisition of Shazam by Apple
The European Commission has accepted a request from Austria, France, Iceland, Italy, Norway, Spain and Sweden to assess under the EU Merger Regulation the proposed acquisition of Shazam by Apple. The Commission considers the transaction may threaten to adversely affect competition in the EEA.
Apple's proposed acquisition of Shazam does not meet the turnover thresholds set by the EU Merger Regulation for mergers that must be notified to the European Commission because they have an EU dimension. It was notified by Apple for regulatory clearance in Austria, where the transaction meets the national merger notification threshold.
Austria submitted a referral request to the Commission pursuant to Article 22(1) of the EU Merger Regulation. This provision allows Member States to request that the Commission examine a merger that does not have an EU dimension but affects trade within the Single Market and threatens to significantly affect competition within the territory of the Member States making the request. Subsequently Iceland, Italy, France, Norway, Spain and Sweden joined the request.
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 has also concluded that it is the best placed authority to deal with the potential cross-border effects of the transaction.
The Commission will now ask Apple to notify the transaction.
Apple is a US based global technology company which designs, manufactures and sells mobile communication, media devices, portable digital music players and personal computers. It also sells and delivers digital content online through the ''iTunes Store'', the ''App Store'', ''iBookstore'' as well as ''Mac App Store'', and offers the music and video streaming service ''Apple Music''.
Shazam is a UK based developer and distributor of music recognition applications for smartphones, tablets and PCs.
Latest News from
Council and Parliament reach provisional political agreement on access to Union waters, extending the current rules for fishermen for another ten years30/09/2022 15:25:00
The Czech Presidency of the Council of the European Union and the European Parliament reached a provisional political agreement as regards the regime for access of fishing vessels to member states’ territorial waters.
Ensuring radiation protection: Commission refers LATVIA to Court to guarantee citizens' protection from ionising radiation-exposure risks30/09/2022 14:33:00
The Commission is taking legal steps to ensure the protection of citizens, workers and patients against the dangers arising from exposure to ionizing radiation.
Investor citizenship scheme: Commission refers MALTA to the Court of Justice30/09/2022 13:25:00
The European Commission yesterday decided to refer Malta to the Court of Justice of the European Union for its investor citizenship scheme, also referred to as the ‘golden passports'.
Human rights: EU increases support to the protection of human rights defenders worldwide30/09/2022 12:38:00
Human rights are increasingly under threat worldwide. Against this global backdrop, reconfirming the European Union's strong support to human rights, fundamental freedoms and democracy, and their defenders worldwide, Commissioner Jutta Urpilainen yesterday signed €30 million, a substantial increase, for the new phase of the EU Human Rights Defenders Mechanism, in the presence of civil society organisations and human rights defenders, for the period 2022–2027.
Circular economy: Commission takes action to reduce waste from single-use plastics30/09/2022 11:33:00
The Commission is taking legal steps against 11 Member States, calling on them to step up the implementation of the Single-Use Plastics Directive in order to reduce the impact of certain plastic products on the environment and on human health.
European Citizens' Initiative: Commission decides to register a new initiative on learning disabilities30/09/2022 10:38:00
The Commission recently (28 September 2022) decided to register a European Citizens' Initiative (ECI) entitled ‘Focus on Specific Learning Disabilities on EU Level'.
State aid: Commission approves €700 million Italian scheme to support companies in context of Russia's war against Ukraine30/09/2022 09:25:00
The European Commission has approved a €700 million Italian scheme to support companies in the context of Russia's war against Ukraine.
Speech by Commissioner Gentiloni at the Atlantic Council Frankfurt Forum29/09/2022 16:33:00
Speech given yesterday by Commissioner Gentiloni at the Atlantic Council Frankfurt Forum.
Press statement by President von der Leyen on a new package of restrictive measures against Russia29/09/2022 15:25:00
Press statement given yesterday by President von der Leyen on a new package of restrictive measures against Russia.
Global Gateway: European Commission and the European Bank for Reconstruction and Development deepen their partnership to boost private sector investment in partner countries29/09/2022 14:33:00
The Commissioner for International Partnerships, Jutta Urpilainen, and Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), yesterday signed a new Financial Framework Partnership Agreement (FFPA) between the European Commission and the EBRD to boost investment in sustainable infrastructure and private sector development and to cooperate for example on issues such as nuclear safety.