The Financial Post reports in its Friday edition that the federal competition watchdog is questioning whether there is enough competition among Internet providers.
The Post's Emily Jackson writes that the Competition Bureau announced Thursday it will conduct a market study of the broadband Internet.
"We want to shine a light on potential competitive issues in a sector at the heart of our daily lives," commissioner John Pecman said in a statement.
The bureau noted that most households can choose from only two networks, one owned by the local cable provider and one by the telephone company.
"This limited choice leads to obvious questions about competition; when consumers have only two options, can we be sure that market forces will deliver the low prices and high levels of innovation that are characteristic of competitive markets?" the bureau stated.
The move surprised the industry, given long-standing regulatory oversight by the CRTC, particularly in light of its past efforts to boost competition.
In 2015, CRTC forced the large telcos to sell smaller competitors wholesale access to their high-speed Internet networks. The Big Three providers have all invested heavily in broadband networks over the past few years.
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