CMA will examine whether services such as Spotify give fair deal to consumers

Britain’s competition watchdog is to launch an investigation into the music streaming market to ensure it is competitive, after dramatic changes to the industry over the past decade.

The Competition and Markets Authority said the music industry had evolved “almost beyond recognition”, with streaming accounting for more than 80% of all music listened to in the UK. Andrea Coscelli, the CMA chief executive, said a market study would help the regulator understand these changes.

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