The MDA has now decided that they have to step in and regulate the Pay TV contracts as follows:
- The contract should not exceed 2 years
- There should be pro-rata refund on cancellation of contract.
This move, which is taken after a long time of free market practices, recognizes the weakness of the free market system. The businesses make things complicated and opaque and imposes unfair charges to boost their profits and take advantage of consumers.
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