The Court of Appeals says fees set by the National Telecommunications Commission for new major players are not anticompetitive.
Now Telecom, which sought to become the Philippines' third major telecommunications company, lost its case in the Court of Appeals to scrap certain fees imposed on new players by the National Telecommunications Commission .
The circular requires applicants to pay participation and performance securities. The participation security amounts to P700 million, while the performance security ranges from P14 billion to P24 billion.that these fees, along with a P10-million non-refundable appeal fee, were"onerous, confiscatory, and potentially extortionary."of Manila Regional Trial Court Branch 42 that junked Now Telecom's bid to scrap the implementation of the NTC circular.
The court added that the circular, including the questioned fees,"is not confiscatory and anticompetitive in nature."
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