European Commission approves Apple's acquisition of Shazam

The European Commission has concluded that Apple's purchase of Shazam, a listening app that identifies song titles, would not threaten competition in Europe.

The big picture: The antitrust probe was launched in April to determine whether Apple could use data gathered by Shazam against competitors of its Apple Music streaming service. The extra scrutiny demonstrates how Europe has started to view data as a key asset when it comes to approving deals.