UK competition watchdog dismisses need for music market investigation

The CMA has confirmed that it has made a preliminary decision not to pursue a full-scale investigation into the music streaming industry in the UK. (Or, at least, it has issued a “proposal” not to do so; its final, final decision will be taken on August 19.) The CMA has, for the past six months, been conducting a light-touch ‘market study’ into streaming economics in the UK, which would ultimately decide whether a full-blown investigation was required.

Source: Big result for major record companies, as UK competition watchdog dismisses need for music market investigation

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.