Rogers-Shaw deal clears major hurdle after CRTC approves merger, with conditions

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CRTC approves US$16 billion Rogers-Shaw deal

“Given the nature of this transaction, we have put in place safeguards aimed at addressing potential risks to the broadcasting system for both consumers and programming services,” said Ian Scott, chair of the CRTC.

As a condition of the approval, the national broadcast regulator is requiring Rogers to pay five times more in benefits to the broadcasting system than it had originally proposed. Benefits will be directed to the Canada Media Fund, the Independent Local News Fund, the Broadcasting Accessibility Fund and the Broadcasting Participation Fund, among others.

 

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Does this mean no freedom deal AnthonyLacavera ?

There goes another obstacle for the bog boys.

We're already gouged on data and cable rates. Now that Rogers has a stranglehold on the market what's going to stop them from charging more?

Monopoly

CompBureau Please block this

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