As growth in media and telecommunication markets evolve, the Infocomm Media Development Authority (“IMDA“) conducted a first consultation in February 2019 to obtain the public’s views on key trends identified by IMDA in the media and telecommunication markets which have been separately governed by two codes, the Media Market Conduct Code and the Telecom Competition Code respectively. One of the key proposals in the first consultation was to develop a harmonised competition code for the telecommunication and media markets.
Taking into account feedback received from the first consultation, on 5 January 2021, IMDA published a second consultation paper on the draft harmonised competition code. This second consultation closes at 12pm, 2 March 2021.
In this Update, we provide a summary of IMDA’s position on the feedback received in the first consultation and briefly discuss noteworthy areas of IMDA’s proposed harmonised competition code.
