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The Three C's of a Good Policy Framework
The three C's that you really need to have a good policy framework is that the policy should be clear. There are many examples where the government has changed policy very, very radically in ways that destroy profitability. Retrospective taxation is one good example. But there are also others, including even within the telecom sector,. The basis for the spectrum fee was at one point redefined to include non-tailcom income to the detriment of one of the major companies.