Auction For 2G Spectrum Is In Court Again: Businesses Can't Function In Uncertainty
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If we accepted the basic premise that the sanctity of existing contracts had to be maintained, this problem would not have arisen. But arbitrariness is what characterises government interventions in the market, leading to litigation and delays. The 2G auction has again been challenged, and though the court has allowed the auction to go ahead, it has put the caveat that contracts as a result of the auction can not be put in place till it decides the matter.
Auction For 2G Spectrum Is In Court Again: Businesses Can't Function In Uncertainty
Auction For 2G Spectrum Is In Court Again…
Auction For 2G Spectrum Is In Court Again: Businesses Can't Function In Uncertainty
If we accepted the basic premise that the sanctity of existing contracts had to be maintained, this problem would not have arisen. But arbitrariness is what characterises government interventions in the market, leading to litigation and delays. The 2G auction has again been challenged, and though the court has allowed the auction to go ahead, it has put the caveat that contracts as a result of the auction can not be put in place till it decides the matter.