Fast forward to October 2015, NCC scrapped the floor price for data. Data prices almost immediately started tumbling to actual market price. And networks were forced to innovate. Provide better data for better price. Customers got value, industry grew.
Everything went on fine.
But NCC seem not to be happy that prices of data has come down considerably and that service seems to be better. So, NCC has reintroduced the floor limit for data at a higher level than it was in 2013 from what I gather.
According to them, they want to "protect smaller players who can't compete" and "make market entry easy for new players". I call it bullshit.
Why we keep trying the same bad ideas, continually, across all sectors that seem to be productive beats me. Price fixing is a bad idea.
In all of these, I've scoured the NCC website and they didn't post the directive there. Because underhanded approach for policies that don't make sense. Things like this are done secretly to forestall public outcry...
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