BCE urges CRTC reject Rogers-Shaw deal, independents call for safeguards - Business News
BCE Inc. urged the CRTC to reject Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. on Thursday, while independent operators have called for more safeguards.
Speaking at the second-last day of hearings in Gatineau, Que. this week — which are focused the broadcasting implications of the deal — BCE representatives echoed concerns raised by broadcasters, producers and distributors about the market dominance Rogers would have if the deal were to be approved.
"The market power that Rogers seeks to acquire will have a long-lasting negative impact that will echo throughout this interdependent ecosystem," said Robert Malcolmson, chief legal and regulatory officer at BCE.
"If successful, Rogers will achieve a degree of control over the broadcasting sector at levels never before contemplated with no clear countervailing benefits for the …
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