The Traderszone Network

Published in TZ Latest News 2 April, 2015 by The TZ Newswire Staff

EU regulators probe Apple’s music streaming plans in Europe: FT

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 catalogue, the FT said.