Taming The Music Monopolies

A music performance rights duopoly has been encouraged by government policy over the years. Things may be changing however.

(From Red State)

Sen. Lindsey Graham (R-S.C.) recently sent a letter to the Justice Department requesting a meeting with the Antitrust Division before the DOJ decides whether or not to change the laws governing music licensing.

As part of a larger antitrust review process, the DOJ is currently contemplating whether to remove the antitrust agreements, known as consent decrees, that currently regulate ASCAP and BMI, a duopoly controlling 90 percent of music’s public performance rights.

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