Fairness Rocks News CMA declines to recommend a full market investigation into music streaming


Fairness Rocks News CMA declines to recommend a full market investigation into music streaming

Home Industry News CMA declines to recommend a full market investigation into music streaming

Author: Chris Cooke

Date: July 26, 2022

Original Source: CMU

Industry News

CMA declines to recommend a full market investigation into music streaming

The UK’s Competition & Markets Authority has published a lengthy update on its study of the music streaming market.

Although the study is ongoing, the competition regulator says it is not currently planning to launch a more rigorous ‘market investigation’ into music streaming, a move that would have resulted in a much more in-depth analysis of the streaming business and which could have resulted in the CMA intervening in the market with remedies to address issues that have an adverse effect on competition.

Read More: https://completemusicupdate.com/article/cma-declines-to-recommend-a-full-market-investigation-into-music-streaming/