Idea of market liberalisation comes up against its test case

Belgique Nouvelles Nouvelles

COMPETITIVE markets are more likely to provide consumers with a wide choice of services at reasonable prices - this is the assumption behind many a move to open up previously shielded sectors to market forces. The logic has largely held in the liberalisation of various industries in Singapore over the years: telecoms, postal services, public bus services, and, most recently, the electricity market. Read more at The Business Times.