Earlier quoted context omitted.
>>Since Spotify does not have a machine learning AI copyright filter like Youtube's ContentID If true, this is worrying. It basically gives a handful of companies a monopoly over a potentially wide range of things. It is unreasonable to require everyone to meet a standard that relies on cutting edge technology.
It is very worrying. It is like regulatory capture, but not implemented at the request of the company. It was done purely by the EU. By requiring cutting edge and practically non existent technology, it somewhat requires a monopoly by the one company that can do it (YouTube, or do it the best because there is no perfect filter). And the EU will then turn around and fine them for being too big. I believe in well regul…
Then you really should avoid crying wolf for what's effectively pure speculation in this case. I also fail to see what "capture" you have here, people are still able to upload their track to Spotify, they'll just have to go through a 3rd party that will have to screen copyright infringement and make sure the metadata is in order. Meanwhile Spotify is free to focus on the big fish which is probably what they really care about. So who is capturing what in this scenario?
Regarding Youtube it's already effectively a quasi-monopoly, not because of regulation but because operating a free video streaming service at this scale requires insanely deep pockets. The only others that manage to stay afloat are mainly those who offer content that can't be hosted on Youtube (dailymotion, liveleaks, porn sites etc...).