Kinda strange that the authorities here have outsourced to FIFA and its commercial agent S’pore’s competition law when it comes to the media . How come the StarHub and SingTel joint bid was allowed by the competition authority? Or is it the anti-competition authority?
Although SingTel and StarHub were planning for a joint bid, Fifa eventually awarded them individual non-exclusive broadcast rights instead, the telcos revealed.
Joint bids are frowned upon as it could set a precedence for other broadcasters to follow suit and thin the coffers from media licensing.
(Part of BT report)
Was told by two eminent persons, one lawyer and another an economist, that many sectors or industries are exempted from the competition laws. They have unprintable views on these exemptions.
Media is exempted from the act, and comes under the purview of Media Development Authority. A third person, not so eminent, in fact downright obscure and usually unreliable, tells me that MDA does not do anti-competition. Witness its refusal to step in when StarHub had EPL exclusively. Only the row over the price SingTel paid, got it thinking how to have proper competition policies.