KOLKATA|NEW DELHI: The telecom tribunal rejected the regulator’s order that had changed the definition of ‘significant market power’ (SMP) to identify predatory pricing, offering substantial relief to India’s older telcos, which had said the new rules only benefitted Reliance Jio Infocomm.
The Telecom Disputes Settlement & Appellate Tribunal (TDSAT) also set aside a rule in the Telecom Regulatory Authority of India (Trai) predatory pricing regulation that required top telcos to report all tariffs in the interests of transparency and non-discrimination, offering further relief to older carriers Bharti Airtel and Vodafone Idea.
TDSAT said the regulatory order that gave a new entrant like Jio pricing flexibility till it acquired 30% share of the market’s subscribers or revenue “appeared an unnecessary abdication of its regulatory powers by the Telecom Regulatory Authority of India” in the context of tariff conditions and their enforcement.
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