Apple is expected to launch a new version of its Apple Beats Music service later this year, the new music streaming service is expected to be branded under Apple’s iTunes brand.
Apple Acquired Beats Music when it purchased Beats Audio and now according to a recent report, Apple’s new music streaming service is already being looked at by EU regulators.
The news comes in a new report by the Financial Times, which has said that a number of record labels and music companies have been contacted by the European Commission regarding the new Apple Beats Music streaming service.
Apple’s new music streaming service will go up against companies like Spotify and other established players in the streaming market. The EU Commission is apparently worried that Apple could use its existing relationship with record labels to persuade these company’s to ditch rival services and only use Apple’s new music streaming service.
Source FT, Cult of Mac
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