Sharael Taha on Info-communications Media Development Authority (Amendment) Bill
When regulatory powers become broader, guardrails must become clearer, said MP Sharael Taha in parliament on Wednesday (May 6). He noted that a bill under debate represents a significant expansion of the Infocomm Media Development Authority’s toolkit - pre-emptive directions, tighter ownership controls and even the ability as a last resort to restructure parts of the market. Mr Sharael said three practical questions must be asked. What would trigger an intervention? How will decisions be explained clearly and consistently? And will uncertainty create a “regulatory overhang” that deters investment? Though questions about media independence may arise, he pointed out that the bill is not about influencing editorial decisions; it is about addressing market power.
When regulatory powers become broader, guardrails must become clearer, said MP Sharael Taha in parliament on Wednesday (May 6). He noted that a bill under debate represents a significant expansion of the Infocomm Media Development Authority’s toolkit - pre-emptive directions, tighter ownership controls and even the ability as a last resort to restructure parts of the market. Mr Sharael said three practical questions must be asked. What would trigger an intervention? How will decisions be explained clearly and consistently? And will uncertainty create a “regulatory overhang” that deters investment? Though questions about media independence may arise, he pointed out that the bill is not about influencing editorial decisions; it is about addressing market power.
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