EU regulators to decide on Apple’s Beats deal by next week

EU regulators to decide on Apple’s Beats deal by next week

PanARMENIAN.Net - European Union antitrust regulators will decide by July 30 whether to clear Apple Inc's $3 billion bid for music streaming and audio equipment company Beats, the European Commission said on Wednesday, June 25, according to Reuters.

IPhone maker Apple unveiled the deal last month, which will help it catch up in the fast-growing and lucrative music streaming business.

The Commission can either clear the deal unconditionally or demand concessions if it sees competition issues. It can also open an extensive investigation if it has deeper concerns.

 Top stories
Using standard obfuscation techniques, the software was able to avoid detection by most antivirus engines, Blue Coat said.
"Given the response from the market and clients... we expect the S6 to set a sales record for all Galaxy models," Lee Sang-Chul said.
Messenger is being upgraded to allow users to share photos, audio clips, videos, animated snippets and other digital content.
The government argues that the new law is necessary in part to give a legal framework to intelligence work in France.
Partner news