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India: CCI argues ‘chaos’ to result from new media competition regime

By  |  January 7, 2014

The Competition Commission of India has publically objected to the proposed addition of a new government competition regime that would apply specifically to the nation’s broadcasting and communications market.

Reports say the CCI sent its objection to the corporate affairs ministry following the Telecom Regulatory Authority of India’s proposal for a new regime that would seemingly conflict with the CCI’s authority. According to the CCI, there is no legislative mandate to implement any new regime.

Reports say the telecom watchdog first proposed the idea in a consultation paper last year, which sought input from industry stakeholders. According to the CCI, which has jurisdiction over the telco and broadcasting market, any new regime that applied solely to that industry would “create regulatory uncertainty” and “chaos.”

Full Content: Business Standard

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