Competition — two sides of a coin

Singtel has recently won the bid to have the exclusive right to broadcast Barclay Premier League matches from 2010 onward for 3 years.

jmo0132l

Whoever says that competition is good is really just tweaking the words to his world of advantage. This is a competition but definitely not in the interest of consumers. When it comes to competing for exclusivity, how can exclusivity be good for consumers? Exclusivity = Monopoly. It’s worst when exclusivity is obtained via money instead of through its product innovation. Utter crap !