According to the law, Astro not need to seek approval from MCMC if they want to increase their rate. They can just do it as they want. No MCMC approval needed.
The same applies to all broadcasters and telecommunications operators. The Act doesn’t require them to seek approval for any price changes.
Telco’s change their rates all the time as it is a dynamic industry. It would also not be feasible for these operators to seek the commission’s approval for price changes every time.
- While the minister in charge had the right to intervene in the determination of rates of companies licensed under the CMA, as provided for by section 199 of the Act, that section should be read in the full context of the CMA.
- Section 198 of the CMA states among other things that rates must be fair and not unreasonably discriminatory and should be based on costs of the operator. It also states that rates should be structured at levels “set to attract” investment into the communications and multimedia industry.
Har har har. Does it makes that minister looks stupid?