 andybPremium
join:2003-05-29
SW Ontario
kudos:1
 ·TekSavvy DSL
| reply to mazhurg
Re: CRTC Hearings - 10 Sept 12 Audet got a little upset yesterday.Here's a bit of what he said
via cartt.ca
"But what about Bell’s argument that in an era of global video distribution, global brands and the desire by consumers to have connectivity and content everywhere always, big companies with many resources are a must in order to compete, asked CRTC chair Jean-Pierre Blais.
“We think this is a false debate to try and divert your attention away from other things,” said Audet. “It’s an exaggerated, false statement.” Audet then pointed to the CRTC’s recently released Communications Monitoring Report which showed that just 10% of Canadians subscribe to Netflix, viewing about six hours per week each. Comparatively, noted Audet, Canadians collectively consume “730 million TV hours per week in English Canada,” making Netflix’s overall impact “pretty small,” he said.
Turning to radio, Audet called it “absolutely grotesque” that a combined Bell-Astral would own 45% of all radio listening hours in Canada. “That is certainly absurd,” he added. “Forty-five percent listenership to one single company doesn’t make sense.”
When the panel of commissioners asked Audet about how the market might react to a full-on denial of this transaction, as Cogeco and others have asked for, that seemed to really get the CEO’s back up. In a nutshell, the CRTC needs to look out for the public interest. Period. As for the financial markets and other consequences of a denial? “That’s not our problem and it’s not your problem either. You are there to protect the public interest… and not worry about what the market thinks… That is not your problem,” he told chairman Blais." |
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andybPremium
join:2003-05-29
SW Ontario
kudos:1 | CRTC Blais just compared Telus to a generic drugmaker who doesnt invest. ie:buying tv stations/shows |
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| reply to andyb
said by andyb:When the panel of commissioners asked Audet about how the market might react to a full-on denial of this transaction, as Cogeco and others have asked for, that seemed to really get the CEO’s back up. In a nutshell, the CRTC needs to look out for the public interest. Period. As for the financial markets and other consequences of a denial? “That’s not our problem and it’s not your problem either. You are there to protect the public interest… and not worry about what the market thinks… That is not your problem,” he told chairman Blais."
I would have to agree with Audet. The government serves "the people", not the corporations. The corporations are there to serve their shareholders, which are a subset of "the people".
I can't imagine the CRTC is considering allowing some form of this ill conceived assault on the Canadian public to proceed simply because they're afraid of the market fallout. This is a scheme conjured up by a corporation who will do what it takes (as is their mandate) to make a profit for their shareholders within the limits of what is allowed by law. That doesn't mean that the CRTC is obligated to bless it, even in part.
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 elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand
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| said by HeadSpinning:I can't imagine the CRTC is considering allowing some form of this ill conceived assault on the Canadian public to proceed simply because they're afraid of the market fallout. This is a scheme conjured up by a corporation who will do what it takes (as is their mandate) to make a profit for their shareholders within the limits of what is allowed by law. That doesn't mean that the CRTC is obligated to bless it, even in part.
But they will, I put money on it, and if they don't "The Harper Government" will.
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No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake....... |
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Reviews:
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| reply to HeadSpinning
What dream world are you living in? Corporations dictate Government policy left right and center and the people only have the illusion that they are in control.
if corporations didnt control the goverment the public would be allowed to know the details behind things such as ACTA and TPP |
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 dillyhammerA. Good. Start.Premium,MVM
join:2010-01-09
Hamilton, ON
kudos:9
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said by elwoodblues:But they will, I put money on it, and if they don't "The Harper Government" will.
Yep. This is a done deal.
The shenanigans happening right now is just the foreplay.
Mike
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Cogeco - The New UBB Devil -»[Burloak] Usage Based Billing Nightmare
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| reply to DanteX
said by DanteX:What dream world are you living in? Corporations dictate Government policy left right and center and the people only have the illusion that they are in control.
if corporations didnt control the goverment the public would be allowed to know the details behind things such as ACTA and TPP
I suppose I should have more accurately said that I can't imagine them doing so with any sort of reasonable explanation. Of course, the way things are running these days, you're likely right.
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 mazhurgPremium
join:2004-05-02
Portage La Prairie, MB | reply to mazhurg
Well, that was quick!
»www.canoe.ca/Canoe/Money/2012/10···066.html
CRTC chair to rule on Bell-Astral merge
The president of the CRTC will announce a decision on the controversial Bell-Astral merger Thursday afternoon.
A decision on the $3.4-billion deal, which has been at the heart of months of debate regarding to the Canadian media landscape, is expected at 4 p.m. On the same day (but later) than Omnibus 2 nonetheless. I can hear the cha-chin from consumer pockets already. |
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 mlernerPremium
join:2000-11-25
Nepean, ON
kudos:5 | I wouldn't be so sure that it's a slam dunk for Bell. Notice the decision is not coming on a Friday. |
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| reply to mazhurg
From the same link:
Melanie Aitken, commissioner of competition with the bureau, stated that even if the CRTC approves the transaction, the Competition Bureau could refuse.
This is only round one no matter what the outcome is tomorrow. |
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| Why would the competition bureay would refuse ? |
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 GuspazGuspazPremium,MVM
join:2001-11-05
Montreal, QC
kudos:20 | Because everybody but Bell agrees that the merger is anticompetitive?
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Developer: Tomato/MLPPP, Linux/MLPPP, etc »fixppp.org |
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| Quebecor has too much control , this is the way they can be stop. |
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elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand Reviews:
·Cybersurf Intern..
| said by dsa :Quebecor has too much control , this is the way they can be stop.
In QUEBEC, this goes beyond Quebec ,and affects the entire country, including companies like Acanac trying to launch a IPTV service. Fergless has his contracts in hand, but with this much control Bell could make it very expensive for Acanac to renew.
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No, I didn't. Honest... I ran out of gas. I... I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake....... |
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elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand Reviews:
·Cybersurf Intern..
| reply to mazhurg
The G&M had a good analysis of what the outcomes could be
1) No
2) With conditions
3) Slam Dunk
»www.theglobeandmail.com/globe-in···4620162/ |
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| With conditions there shouldn't be any problems. |
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elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand Reviews:
·Cybersurf Intern..
1 edit | reply to mazhurg
HOLY SHIT they DENIED BCE FROM BUYING ASTRAL
What has the world come too.. I'm still waiting on the decsion, but WOW
In a nutshell, too big, the tangibles benefit was a joke , for example Bell wanted to use the tangible benefits to commemorate Canada's 150th anniversary  |
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 eksterHi there.
join:2010-07-16
Lachine, QC
kudos:1 | The other incumbents didn't like it.
What's better, a round of golf, or 4 rounds of golf? The decision for CRTC is simple on this one. |
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elwoodbluesElwood BluesPremium
join:2006-08-30
HarperLand Reviews:
·Cybersurf Intern..
| Boy oh boy (and BCE knew about this last night, the CRTC always notifies the petitioner the night before), Cope must be blowing a gasket right now.
The decision is here : »www.crtc.gc.ca/eng/archive/2012/2012-574.htm |
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mazhurgPremium
join:2004-05-02
Portage La Prairie, MB | Well,
Score one for the consumers. *(tm) |
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