The Asian Age

EU regulators probe Apple music streaming plans

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The European Commission

is scrutinisi­ng Apple Inc’s dealings with record labels and digital music companies to find if they are trying to unfairly limit free, ad- supported rivals, the Financial Times reported citing people familiar with the matter. The commission has sought

details from several music labels and digital streaming companies on their agreements with Apple, as the iPhone maker gears up to

launch its own music streaming service this summer, the report said. The Commission is concerned that Apple would use it size,

influence and relationsh­ips to get music labels to abandon rivals like Spotify, which rely on licensing with music companies for their cata

logue, the FT said. Gathering informatio­n is only the first step towards

the probe, but if the European Commission — EU’s top antitrust authority - finds any wrongdoing, it may require changes in business practices and impose hefty fines, the paper reported. Representa­tives of Apple and the European Commission could not be immediatel­y reached

for comment. Last year, Apple was fined $ 450 million over allegation­s of conspiring with five publishers to raise e- book prices. The Cuper- tino, California- based

company bought Beats Music, a company founded by recor- ding mogul Jimmy Iovine and rapper Dr. Dre, for $ 3 billion last year, as

the market moves away from digital downloads to a new generation of subscripti­on and streaming services.

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