95
submitted 1 year ago by RandAlThor@lemmy.ca to c/canada@lemmy.ca
you are viewing a single comment's thread
view the rest of the comments
[-] Peanutbjelly@sopuli.xyz 1 points 1 year ago* (last edited 1 year ago)

Things should be moving in the other direction. The entire point of antitrust is to prevent things from getting to where they already are. None of the telecoms should be growing in power or consolidating at this point, and there was no good reason to allow it. There is already a disgusting overreach of power, and antitrust should be actively making changes to increase competition and set guardrails. Rogers should also not be gaining after they downed important services over the entire country for a whole day.

Notably, the restrictions and promises made to allow the deal were an absolute joke, and the citizens come out last here. There was no reason to allow the insulting deal that was allowed.

This 26 billion dollar deal is supposed to come with billions of dollars in required efforts. The punishment for failure is a fine that is... A fraction of what those efforts cost. 1/26 of what was spent on the deal paid over ten years.

The amount of money given to these companies is already absurd.

And now we are paying Rogers ten million for necessary due diligence? The power dynamic is beyond broken.

this post was submitted on 30 Aug 2023
95 points (93.6% liked)

Canada

7203 readers
203 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Local Communities


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS