The CRTC can't level fines like the FCC can, so this is about all they can do.Regulators have slapped Shaw Communications Inc. [SJR.B-T] with one of their strictest penalties possible, short of revoking its licence, by placing Canada's second-largest cable company on probation for flouting federal rules.
The Canadian Radio-television and Telecommunications Commission took the unusual step Thursday of only renewing Shaw's operating licences for two years, well short of the standard seven-year term most companies are afforded, following recent clashes with the cable operator.
Don't you feel better? Have a good weekend.
3 comments:
Is that like "double secret probation?"
Double unsecret probation.
Buried as it was in the sidebar of the entertainment sections of the Ottawa daily papers, I noticed it as well.
It is as good as a fine ... know how much work and manpowers and outside legal they need every hearings? Oh yeah, and it is a colossal pain in the patootie.
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