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On 29 November 2022, the UK Competition and Market Authority (CMA) published its final Report on the music and music streaming market and decided not to make a market investigation reference based on its findings. The CMA can issue a recommendation for a market investigation reference if it finds market features that negatively impact competition or consumers. In its Report, CMA noted that three companies have a dominant position in the market, but it doesn't raise competition concerns and is not harming consumers or artists.
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