Apple in December touted its, the popular music recognition app, saying it had “exciting plans in store.” The tech giant may have to put those plans on hold for a bit. The European Commission said Tuesday it’s reviewing the proposed acquisition.
“The Commission considers the transaction may threaten to adversely affect competition,” the EC said in a press release. Seven member countries — Austria, France, Iceland, Italy, Norway, Spain and Sweden — requested that the EC take a look at the deal.
Apple didn’t immediately respond to a request for comment.
The company said in December that “Apple Music and Shazam are a natural fit.” Financial details weren’t disclosed but one report put the purchase price at around $400 million.
Acquiring the UK-based Shazam would enhance the tech giant’s music streaming service. Apple Music, according to a Wall Street Journal report this week. Spotify, however, remains the world’s largest such service and is nearly twice as big.
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