this post was submitted on 27 Jun 2023
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Much cheaper to break up the monopolies and change the system to prevent them forming in the first place. Subsidizing new entrants without changing the environment that creates monopolies will just feed the beasts with fresh meat.
Basically what happened in the mobile space. Iโm 2008 CRTC had an AWS spectrum auction for new entrants in the wireless industry, namely Mobilicity, Public Mobile, and WIND Mobile. Public was bought out by Telus. Mobilicity was bought by Rogers and merged with Chatr. WIND hung out longer and became Freedom under Shaw, but of course Shawgers happened, so weโre back to square one.
Freedom is under Quebecor now. Not great not terrible. Quebecor is much smaller outside of QC so they keep competing for now.
Don't forget that these telecom companies are also media companies, owning channels like CityTV, Global, CTV, Corus. They also control the news grandma and grandpa see on the 6pm news.