Thai broadcasting notification relaxes M&A requirements

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The amendment to the Organization to Assign Radio Frequencies and to Regulate Broadcasting and Telecommunications Services Act (2010), which dissolved the sub-commissions of the National Broadcasting and Telecommunications Commission (NBTC), means the commission is now the sole regulatory body in the broadcasting and telecommunications sectors.

In January 2018, the NBTC amended the merger rule for the telecoms industry. Later, in August, in an attempt to align broadcasting and telecoms regulations, the NBTC issued a Notification re: Regulating Measures for Business Merger in Radio and Television Broadcasting Businesses for the broadcasting sector, which replaced the previous 2014 NBTC Broadcasting Merger Notification.

The 2018 notification aims to align with the telecoms merger rules, relax the complicated merger process for broadcasting businesses, and promote competition among licensees.

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Business Law Digest is compiled with the assistance of Baker McKenzie. Readers should not act on this information without seeking professional legal advice. You can contact Baker McKenzie by emailing Danian Zhang at danian.zhang@bakermckenzie.com.

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