MILAN, April 5 (Reuters) - Italy's antitrust authority said on Wednesday it would investigate Meta Platform (META.O) over the possible abuse of its position in talks over the rights to music posted on Meta's platforms and potentially hurting competition in the sector.
According to the antitrust regulator, Mark Zuckerberg's company may have "unduly interrupted the negotiations for the stipulation of the licence for the use on its platforms" of SIAE's music rights, it said in a statement.
Last month, Meta, which owns Facebook, Whatsapp and Instagram, failed to reach a deal with SIAE to renew the copyright license.
Protecting the copyrights of songwriters and artists is an important priority for us," a spokesperson for Meta said on Wednesday.
The investigation involves Meta Platforms Inc, Meta Platforms Ireland Limited, Meta Platforms Technologies UK Limited and Facebook Italy S.r.l.