TPIA: With so much missing from its explanation, CRTC's wholesale rates decision must be overturned, say incumbents

By Ahmad Hathout OTTAWA – Some of the country’s largest carriers tried to persuade a panel of Federal Court of Appeal judges Thursday that the CRTC – in its reasoning that led to a decision to slash the wholesale internet rate – did not adequately balance the impact of the decision with a 2006 cabinet directive setting out a market-based approach to regulatory decisions. The 2006 cabinet directive outlines that the CRTC “should rely on market forces to the maximum extent feasible and regulate, where there is still a need to do so, in a manner that interferes with market...