BCE urges CRTC reject Rogers-Shaw deal, independents want safeguards [Business News Network (BNN) (Canada)]
BCE, Inc. (BCE)
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Source: Business News Network
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 Canadian broadcasting system.'' Malcolmson pointed to the CRTC's initial rejection of BCE's acquisition of Astral Media in 2012 because of the market size it would create as a clear precedent for if not rejecting, at least requiring commitments from Rogers to sell off assets to reduce the resulting market sha
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