Ng said the government's price cap plans would go against the international trend of respecting market mechanisms. In the UK and the US, regulators already scrapped price control rules, he added.
Mon, Nov 13, 2006 - Page 12 News List
Telecom operators lash out at price cap scheme
MARKET COMPETITION Major local players said that the proposed price ceiling would further cut into their profitability and affect investment into service upgrades
By Lisa Wang / STAFF REPORTER
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