If lawmakers and regulators care about protecting the health of competitive markets and future innovation in Canada, they will enforce the decision of the CRTC concerning wholesale internet pricing —overturning it would hurt Canada’s productivity and business dynamism.
We need not feel dismayed about the potential fate of the Big Three: Rogers, Bell, and Telus collectively capture more than 91 per cent of the wireless telecom industry based on both revenue and subscribers. Photograph courtesy of Pixabay
While the titans of U.S. tech faced Congress last week over investigations of monopoly power, a similar, yet less publicized, battle is being waged on Canadian soil.
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Pressure is mounting on the Canadian government to back the waiver as it has received support from the U.S. and more than 30 Liberal MPs are calling on Prime Minister Justin Trudeau to champion the initiative.
The partisan finger-pointing that has defined the debate around Bill C-10 over the past two weeks is rooted in an attempt by the government, and a few MPs, to make sure that influential streaming companies that rely on uploaded content, such as YouTube, are bound by rules designed to promote Canadian cultural content, and protect Canadian broadcasters.