Subscribe to Entrepreneur for $5
Subscribe

Apple's Beats Music Draws Antitrust Scrutiny Over Deals With Record Labels

By
This story originally appeared on Reuters

s move to line up deals with record labels is under U.S. antitrust scrutiny as the maker prepares to debut a new version of the Beats Music streaming service, reported, citing people familiar with the matter.

The Federal Trade Commission () is examining if Apple is using its position as the top seller of music downloads through its store to put rival music services like Ltd at a disadvantage, according to Bloomberg.

Apple bought Beats last year hoping to win points with the and turn Beats Music into a strong competitor to Spotify and other streaming services.

Apple and the FTC did not immediately respond to requests seeking comment outside regular business hours.

(Reporting by Avik Das in Bengaluru; Editing by Gopakumar Warrier)

Entrepreneur Editors' Picks