Quebecor’s Peladeau calls Bell a ‘public danger’ at CRTC hearing over Groupe V acquisition

Quebecor CEO Pierre Karl Peladeau, seen during public hearings at the CRTC in Gatineau, Que. on April 17, 2019, accused Bell of being “so dominant that it is no longer controllable.”The president and chief executive officer of Quebecor Inc. described Bell Inc. as a “public danger” and “multi-tentacled octopus” at a CRTC hearing Wednesday.

In the morning, Bell agreed before the CRTC not to close any of the regional V stations in Quebec, if it is authorized to acquire the group. It therefore rejected Quebecor’s opposition to the transaction in which it argues that Bell would become too large. She said V represents “what we lack to compete with the two big players” of the French-speaking market, namely Radio-Canada and TVA.

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