The Infocomm Media Authority has issued the Code of Practice for Competition in the Provision of Telecommunication and Media Services 2022 (“Code“), which will take effect from 2 May 2022. The Code aims to maintain fair market conduct and effective competition, and safeguard consumer interest in the telecommunication, broadcasting, and newspaper media markets.
With the Code having been finalised and set to come into operation, telecommunication licensees and other regulated persons should be aware of the binding obligations contained therein, and should ensure that their policies, procedures and operations are in line with the provisions of the Code. This Update provides a summary of the key features of the Code and the compliance implications of its provisions.
For more information, click here to read the full Legal Update.