Competition Law in the Digitized Music Industry: The Winners Take It All — But Should They?

The last two decades have seen the music industry crash and emerge from the ashes, more digitized but also more consolidated. New players, in particular music streaming services, have joined, but they complement rather than challenge traditional players such as record labels. Moreover, they are equally concentrated. Artists may therefore be confronted with counterparties with significant buyer power, which can be abused. In this article, we describe the evolving dynamics in the music industry an