Cable / Telecom News

SHAW/CANWEST: Improved safeguards, terms of trade must come with transaction approval

CALGARY – When Shaw Communications completes the purchase of Canwest Global, the vertically integrated entity will be so large and influential that some safeguards have to be attached as new conditions of license, a number of interveners told the CRTC Wednesday during its hearing into the deal.Two of them, Telus and Pelmorex (owner of The Weather Network and Météomédia) brought lists of what those safeguards should be. Another, the Canadian Media Production Association, asked the Regulator to ensure the new company (controlled by the Shaw family) negotiates Terms of Trade in good faith – and doesn’t get cozy with Corus...