Wah so chim? What is that?
Among other responsibilities, it reviews anti-competitive activities in Singapore. In more human language, it is made up of a group of people with the responsibility of deciding whether a business has used its sizeable market share or monopolistic position to take advantage of its customers.
If I am not wrong, it is part of the requirement for Singapore to comply under Free Trade Agreement FTA signed with US.
Should Starhub, being a sole provider of cable tv services in Singapore, be called upon to answer for raising prices on its various cable packages?
Example - Imagine you signed up for 24-month contract for cable tv package at a price $60 per month. You got a 29-inch tv for a gift. So happy right? Then a few weeks later, you were informed of the impending price increase to $70 per month
Should you wish to stop the service before the expiry of 24 months, you are required to pay a penalty.
On the other hand, apparently the said 24-month contract allows the service provider to increase its price to whatever level it sees fit. You have no say at all but to pay till the end of term.
Why would one enter into a contract where one party can do nothing to change the terms and the other party can vary the terms and conditions?
Is this fair?Should CCS should look into the following incidents too?
- SingPost's postage rate hike from July 1
- Nets fee increase on merchants using its payment gateway
How about
SBS raising its bus fares? This is already covered by Public Transport Council PTC.