Yes, and I think that the efficiencies defence works against that plan, because it allows businesses in Canada to get bigger than they otherwise would, and it gives them a dominant position in the market, which they can then use to protect their dominance.
The Verizon example is really illustrative. Verizon contemplated entering Canada. It hadn't entered yet, but the telcos responded to its announcement by lowering prices. It's not like they lowered prices because consumers had options. In my view, they were lowering prices because they were trying to signal to Verizon that if they entered, there'd be a fight, and it would be less profitable for them to do so.
Part of the problem of concentration in the telecommunications sector is that it allows—