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Canada: Competition Bureau flags Bell-Astral deal

By  |  September 18, 2012
Canada: Competition Bureau flags Bell-Astral deal

The federal Competition Bureau is “increasingly concerned” that BCE Inc.’s 3.4 billion CDN purchase of Astral Media Inc. would put too much power in the hands of one broadcaster, with the watchdog saying it could strike down the deal even if broadcast regulators allow it to proceed. Competition Commissioner Melanie Aitken said her office paid close attention to the testimony last week as a parade of executives and individuals appeared before the country’s broadcast regulator at a hearing examining whether the deal would ultimately benefit Canadians. 

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