Canadians pay the highest rates in North America for cable and satellite television signals and for cell phone service. All thanks to the fact that competition is stifled (smothered?) by the Canadian Radio and Telecommunications Commission (CRTC). Rogers has just announced that they will be putting the screws to their hapless customers once again. This [...]
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I know, everyone has 20/20 hindsight. Mea culpa. That being said, the idea of bailing out failing businesses doesn’t sit well with me. The market delivered its assessment on General Motors and Chrysler. They have been in decline for a number of years. I’m fairly sure that most businesspeople felt similarly uneasy with the bailout. [...] |
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File Under “They Just Don’t Get It”: CRTC struggling to rein in rising phone, TV prices
Today CBC.ca carried a story about the poor ol’ CRTC trying to rein in rising prices for cell phone and cable TV services. They can’t seem to grasp the fact that the very monopolies they have created are to blame for the out-of-control pricing of cell service and cable TV in Canada. The only ‘price [...]