Spotify give a fair deal to users, and comes after dramatic changes over the past decade in the way music is consumed.Streaming now accounts for more than 80 per cent of all music listened to in the UK.
The Competition and Markets Authority (CMA) said the music industry had evolved “almost beyond recognition”. A market study will help the regulator understand the shifts.CMA chief executive Andrea Coscelli said: “The UK has a love affair with music and is home to many of the world’s most popular artists.
We want to do everything we can to ensure that this sector is competitive, thriving and works in the interests of music lovers” [via The Guardian].“A market study will help us to understand these radical changes and build a view as to.
Read more on nme.com
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