Economy

Music licensing on trial

By Brian McNicoll
Published May 27, 2016 4:02am ET
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Music licensing on trial
The American Society of Composers, Authors and Publishers and Broadcast Music Inc. share 90 percent of the market when it comes to selling the rights to use music created by others. (iStock photo) | Bob Ingelhart

For free-market advocates, there are not many things worse than a court decree-enforced monopoly.

But there are some.

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Antitrust Commentary Department of Justice Minusextra Music OpinionDigest