Industry Minister Francois-Philippe Champagne vowed to 'be like a hawk on behalf of Canadians' to ensure compliance with the conditions aimed at bolstering competition and lowering phone and internet costs. cdnpoli
We apologize, but this video has failed to load.It must also spend $5.5 billion to expand 5G coverage and additional network services, as well as a further $1 billion to connect rural, remote and Indigenous communities.
But he noted the companies had already publicly committed to many of those conditions throughout the two-year process. The Canadian Radio-television and Telecommunications Commission approved Rogers’ acquisition of Shaw’s broadcasting services in March 2022. But some observers worried the conditions do not go far enough. Keldon Bester, co-founder of the Canadian Anti-Monopoly Project, questioned whether the penalties were sufficiently aggressive.
“Building on a shared legacy with Shaw, we will invest substantially to bring more choice, more value, and more connectivity to Canadians across the country.” “Why should the minister be cobbling together a set of private agreements to help get a deal across the finish line that should have been dead on arrival? This makes the minister look like the handmaiden of capitalism as opposed to a democratic government watching out for public interests and promoting … as much competition in these markets as possible.”
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