Just a few weeks behind the company Apple Lossless Audio CODEC (ALAC), officially announced the acquisition of the company Beats, and now she has to wait for the affirmative opinion of the antitrust authority in Europe to complete the purchase. European authorities announced that they will decide on the acquisition by July 30, the American company needing a favorable decision by September 1.
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.
Because we are talking about such an important acquisition, a similar authority in the US will also have to give its approval regarding the acquisition, but for now it is not known exactly who will review it. Regardless of the process, it is unlikely that any entity will oppose the acquisition and Apple will be prevented from buying Beats, everyone involved being interested in the sale taking place without problems.
