Monday, August 23, 2010

Telus urges scrutiny of Shaw Canwest deal

Telus Corp. is warning that Shaw’s $2-billion purchase of Canwest’s broadcasting assets could lead to an abuse of market power, and is asking the CRTC to maintain a vigilant eye on what the cable firm does with its newfound content properties. The move, which comes ahead of a regulatory review next month, underscores concerns about media concentration as firms like Shaw, Rogers Communications Inc. and Quebecor Inc. seek deeper integration of their content assets with distribution networks like cable and wireless.

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