According to the amendment, telcos are considered to be predatory for any market if an operator with significant market power (SMP) - more than 30% share by subscriber base or gross revenue - offers services at a price below the variable cost with specific intention to reduce competition or remove competitors in the market. Telcos are also not able to offer customized offers to specific subscribers and all their plans must be publically available. If any plan is considered predatory, operators will have to pay a penalty of up to Rs. 50 lakhs per tariff plan for each service area.
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