That’s definitely the case, and that’s not the only country with laws that protect artists this way, for example Brazil right next to it also have it’s own set of laws, had then even before Spotify was a thing, but Spotify is happily in Brazil since 2014.

The Uruguayan law is just not well though, and that’s what happens when you put incompetent people in charge of making laws for things they don’t have the slightest clue of how they work. They kill an entire industry.