The Code of Practice for Competition on the Provision of Telecom Services, which was released by the Infocomm Development Authority of Singapore (IDA) on 15 September 2000, will come into force with effect from 29 September 2000. The Code, which sets clear boundaries for...
Singapore, 28 September 2000 | For Immediate ReleaseThe Code of Practice for Competition on the Provision of Telecom Services, which was released by the Infocomm Development Authority of Singapore (IDA) on 15 September 2000, will come into force with effect from 29 September 2000.
The Code, which sets clear boundaries for competitive behaviour in the marketplace, was developed in close consultation with the industry. It provides a regulatory framework to facilitate the rapid entry of new competition in Singapore and a strong incentive for companies to invest in infrastructure.
The IDA believes that market forces are generally more effective than regulation in promoting consumer welfare and in accelerating the growth of competitively priced, high-quality innovative services. Therefore, the Code relies primarily on commercial negotiation and industry self-regulation. However, the Code does define minimum requirements to protect end-users and prevent anti-competitive conduct.
For segments of the market that are not yet competitive, and where the dominant incumbent operator's market behaviour is not constrained by competitive forces, IDA will play a more active role to ensure that such dominance will not be abused. In this spirit, the Code requires the incumbent to comply with more stringent rules, designed to approximate conditions in a fully competitive market. As these market segments become fully competitive, IDA will allow free competition to determine the shape of the market.
ISSUED BY CORPORATE COMMUNICATION DIVISION
INFOCOMM DEVELOPMENT AUTHORITY OF SINGAPORE
About Infocomm Development Authority of Singapore
The Infocomm Development Authority of Singapore (IDA) is a dynamic organisation with an integrated perspective to developing, promoting and regulating info-communications in Singapore. In the fast-changing and converging spheres of telecommunications, information and media technologies, IDA will be the catalyst for change and growth in Singapore's evolution into a vibrant global info-communications technology centre. For more information, visit www.imda.gov.sg.
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