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Thursday, January 27, 2022

Mobile merger seen as ‘perilous’

Logos of True Corporation and DTAC are seen at a department store in Bangkok on Monday.  REUTERS

The merger of True Corporation Plc and Total Access Communication Plc (DTAC) will pull down the country’s mobile business competition to a “perilous” situation and put consumers in jeopardy, according to the Thailand Development Research Institute (TDRI).

“If the merger takes place, there would be an uptick in market concentration to a dangerous level. This would be a big problem that needs consideration,” Somkiat Tangkitvanich, president of the TDRI, said at a virtual news conference on the planned merger.

He based his opinion on the Herfindahl-Hirschman Index (HHI), which gauges market concentration conditions. The highest score of the HHI is 10,000, which shows the maximum market concentration.

According…

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