This is what a REAL monopoly looks like

I honestly see nothing wrong with monopoly if the one in monopoly doesn’t abuse their autonomy and pull stupid s**t like this.

That’s because it’s not every time there’s gonna be equal or healthy competition in some environments

Quote from Taehunk

OP means that Kakao M is the monopolist, not Spotify.

Ah my apologies then. Ignore my Ted Talk on monopolies.

Is 30 % of market share monopoly?

The problem with Spotify n kakao m is..

Kakao M wants to distribute kpop song rights internationally but not in Korea..means all these days before when Spotify was launched, the agreement was songs under kakao will remain in melon in Korea, but they will be under Spotify for the rest of the well..

As Spotify was seen as threat to melon by Kakao m n they didn't want to loose streams as Spotify is a free n premium service. But melon is a paid service..

Hence sm, JYP, BH, like licensed their music under DREAM US n released songs under melon, genie, Flo for the past two years..

Now when Spotify enters they have mutual contracts..

Coming to bighit n yg plus..

Bighit is the investor here, n the talks were for merchandise distribution as far as I heard... N bts songs not affected by this Spotify kakaom fiasco has nothing to do with ygplus as BTS N TXT were never under kakaoM since 2018..so even if BH didn't invest in ygplus, their songs in Spotify won't be affected by this prob..