The market for digital music platforms is healthy and there are few concerns about abuse of power, says the British competition watchdog. The agency has been investigating major players such as Spotify since last year.

According to the Competition and Markets Authority (CMA), the market for digital music providers may be ‘concentrated’ with parties such as Spotify and Apple Music, but there is no damage to consumers.

“And results for artists are not based on the amount of concentration in the market, but on other factors,” writes CMA.

One of the reasons for the study is the ongoing concerns about compensation for musicians, who often make little money from their streams. According to CMA, this is not due to abuse of power or consolidation, but simply because there is too much music available.

The organization sees no signs that one or more parties are making too much money relatively speaking. In fact, most music platforms would have relatively little revenue or even suffer a loss. Spotify remains by far the largest with around 50 percent in the United Kingdom.