The Competition and Markets Authority (CMA) will investigate the streaming market "from creator to consumer" following a year-long inquiry by MPs.
The office will consider whether the dominance of major labels is stifling competition or affording any players "excessive power".
While it could be a significant step forward for music creators seeking fair payment, progress remains slow - the DCMS Committee's inquiry and an investigation by the Intellectual Property Office have turned up more evidence but no answers.
The CMA is inviting comments on a study of the market until February 17, with an eye to publishing its findings early next year.
Published: 27-01-2022