China’s Ministry of Industry and Information Technology said it is considering opening up the nation’s broadband access market to private companies, a move reports say could lead to faster service and lower fees for consumers.
The Ministry released a proposal that would encourage private enterprises to compete in the broadband industry. Authorities are now taking public comment on the matter until mid-December.
A statement announcing the proposal says the Ministry is looking to inject healthy competition into the industry to improve services. A total of 16 cities in the nation were chosen to take part in a three-year test program that would open their broadband markets to private companies. Those companies would have to apply to enter the market.
Three state-owned broadband operators currently control the market: China Unicom, China Telecom and China Mobile.
Full content: CRI English
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI