CBC, media groups ask Competition Bureau to investigate Meta

&gt; First joke is that there are three prisoners in the gulag in the former Soviet Union. The three find out why each of them is there. The first said that he came late to work and was accused of cheating the State out of labor. The second guy said that he came early and was accused of trying to out-compete his comrades. The third guy said that he came to work everyday and exactly on time, and the KGB accused him of owning a Western wristwatch.<p>&gt; Second joke is that there are three prisoners in the U.S. They were all in jail for economic crimes of violating monopoly laws. First guy said that he charged higher prices than anyone else and the government then accused him of price gouging and profiteering. Second guy charged lower prices than anyone else and they accused him of predatory and cutthroat pricing. And the third guy said that he charged the same prices as everyone else and they accused him of collusion and price fixing.

How is it anti competitive for Meta to exit the market? In fact, it’s opening up the market to anyone else who can make a valid business case and still pay the fees demanded by these news organizations, so i would say it’s more pro competition. Can someone explain the anti competition angle?

This is a weird one, I think Meta made the right move. I am not a fan of Meta at all but I accept their position in this matter over the Canadian government and private media companies.