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Competition doesn’t mean consumer will be better off!

You usually think that competition is good so how did we end up worse off when it comes to the EPL? The reason is both Starhub and SingTel were competing to be a monopoly for EPL broadcast. They were in a bidding war that can only result in a lousy deal for consumers.

Lucky Tan, on why consumers suffer in the Singtel-Starhub Bidding Wars