UK telecommunications regulator Ofcom has announced that it will not investigate the BBC-led YouView IPTV service, despite the complaints made by a number of rival organisations.
The regulator refused to acknowledge the claims made by Virgin Media and 11 other opposing parties, including BskyB, which claimed that YouView, previously known as Project Canvas, will have serious affect on competition in the UK market.
Ofcom Chief Executive Ed Richards said in a statement to The Wall Street Journal: “Ofcom's view is that consumers' interests will not be served by opening an investigation. It would be premature at the current stage of YouView's development given the absence of a clear risk of consumer harm.”
However, the regulator maintained that it would monitor the development of the service and its impact on the market.
The upcoming IPTV service, led by the BBC, will involve broadcasters like ITV, Five and Channel 4, teaming up with broadband firms BT and TalkTalk to deliver cable TV services over the internet.