Yip Hon Weng on Info-communications Media Development Authority (Amendment) Bill
The Info-communications Media Development Authority (Amendment) Bill is a necessary step to strengthen competition, align Singapore’s media framework with the telecommunications sector and equip the government with the tools to act when markets do not function well, said MP Yip Hon Weng. The power to intervene is also the power to reshape an industry and deliver real benefits to Singaporeans without unintended consequences, he added. Speaking in parliament on Wednesday (May 6), Mr Yip also sought clarifications in three areas - affordability, worker protection and opportunities for smaller players.
The Info-communications Media Development Authority (Amendment) Bill is a necessary step to strengthen competition, align Singapore’s media framework with the telecommunications sector and equip the government with the tools to act when markets do not function well, said MP Yip Hon Weng. The power to intervene is also the power to reshape an industry and deliver real benefits to Singaporeans without unintended consequences, he added. Speaking in parliament on Wednesday (May 6), Mr Yip also sought clarifications in three areas - affordability, worker protection and opportunities for smaller players.
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