Music streaming is a fascinating industry, and many people were looking forward to seeing how the UK's Competition and Markets Authority (“CMA”) had used its wide-reaching information gathering powers to uncover any problems. This is a huge and culturally-important industry for the UK, and it seems to operate in some weird and convoluted ways. There … Continue reading CMA music streaming market study: what’s going on?
The CMA has today launched a market study into music streaming. This is a step that could lead to a range of interventions: The CMA could issue guidance or recommendations;It could launch enforcement action under its antitrust powers (as happened after the electric vehicle charging market study); orIt could make a market investigation reference, which … Continue reading CMA market study into music streaming – What you need to know