4 ms·
They are pretty hostile to international players setting shops. In such a non-competitive environment, it's no wonder rent seeking is the norm. Edit: I see th
by 908B64B197 6y ago
They are pretty hostile to international players setting shops.
In such a non-competitive environment, it's no wonder rent seeking is the norm.
Edit: I see the downvotes but no explanations.
- wstrange 6y agoThe explanation is largely the same as in the US: It's very expensive to run cable / fibre to the house. It's a natural monopoly. Having a US incumbent enter the Canadian market isn't going to change that.
- 908B64B197 6y agoI could see why lobbyists would push that narrative, but deregulation and an open market worked extremely well in Europe.
- tpxl 6y agoIn my country regulation is what works extremely well, and where there is none, you get price gouging. The government funds the majority of new lines, and in turn, the companies are legally mandated to rent the lines out for a small fee (100/20 lines cost about 30€).