Episode notes
Summary
In this conversation, Peter Cramton discusses the complexities of the Thai telecom market, focusing on the duopoly between AIS and True. He introduces the concept of TIMO, a proposed independent market entity designed to enhance competition and consumer choice. Cramton draws parallels with the electricity market to illustrate how market design can improve efficiency and responsiveness. The discussion also addresses potential implementation challenges and the political landscape surrounding regulatory changes. Ultimately, the conversation emphasizes the need for innovative solutions to foster a more dynamic telecom market in Thailand.
Takeaways
Cramton proposes TIMO as a neutral referee for the telecom market.
The duopoly in Thailand's mobile market leads to collusion risks.
More competition can lead to better ...