The European Commission said today that it has given approval to Apple Computer's acquisition of Santa Monica-based Beats Electronics. The European Commission said that the move did not raise any competition concerns for the regulator. Apple agreed to pay $3 billion for Beats back in May. The deal includes both the headphone electronics business and streaming music business of Beats.
Top NewsMonday, July 28, 2014
European Commission Gives Nod To Beats Deal