AppleInsider:

The legislative arm of the European Union ruled on Monday that Apple is allowed to acquire Beats, the premium headphone maker it plans to acquire for $3 billion, as the agreement would not be detrimental to consumers in the organization’s eyes.

On the Beats Music part of the deal:

“The Commission concluded that Apple faces several competitors in the (European Economic Area) such as Spotify and Deezer, making it implausible that the acquisition of a smaller streaming service that is not active in the EEA would lead to anticompetitive effects,” it said. “The Commission also concluded that the transaction would not give Apple the ability and incentive to shut out competing streaming services from access to iOS, Apple’s operating system for mobile devices.”

This was expected, but still an important step. Next up, US approval of the acquisition.