Collecting society
Collecting society in the European Union Law
Concept of Collecting society provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): Association that collects payments made by users of intellectual property rights for the holders of such rights. For instance, a radio station, playing a record for which a record company holds a copy-right, has to pay a fee to a collecting society, which then transfers the payments to the record company.