A PYMNTS Company

Thailand: Media competition legislation begins to evolve

By  |  November 12, 2013

The Thailand National Broadcasting and Telecommunications Commission has reportedly initiated new competition legislation pertaining to the nation’s telecommunications sector, according to local media.

The NBTC has drafted three new rules pertaining to market definition, media cross-ownership and unfair competition guidelines.

According to the proposed legislation, the regulator is looking to establish any company with 25 percent or more of market share as a company with significant market power; as such, the authority would closely monitor any operator whose audience makes up 25 percent or more of the total national audience.

According to reports, the NBTC has approved of the draft legislation but has not confirmed the implementation of the new rules, nor when the rules would come into effect.

Full Content: Rapid TV News

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.