Law360 / Law360 UK: Music Streaming Lyrics Co. Hits Rival With $1B Antitrust Suit

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Law360 and their UK arm Law360 UK covered LyricFind’s lawsuit against Musicxmatch for alleged anti-competitive behavior.

LyricFind Inc. slapped Musixmatch SpA with a $1 billion antitrust lawsuit in California federal court, calling the rival a monopolist in the market for providing lyrics to digital services companies like Spotify and saying Musixmatch inked a deal with Warner Chappell Music Inc. that essentially pushes LyricFind and others out of the market

– Bonnie Eslinger, Law360