The Competition Bureau has been trying to block the deal, arguing that the transaction would lead to worse service and higher prices for consumers.
Earlier this week, Industry Minister Francois-Philippe Champagne put new conditions on the deal, specifically targeting the sale of Shaw-owned wireless carrier Freedom Mobile to Quebecor’s Videotron, a key component in the proposed transaction.
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Rogers, Shaw, Quebecor say mediation talks with Canada’s competition watchdog failed to resolve merger objectionsMediation talks have failed to resolve the Competition Bureau’s objections to the $26-billion merger between Rogers and Shaw, the telecoms said Thursday.
Source: globeandmail - 🏆 5. / 92 Read more »
Ottawa rejects proposed Rogers-Shaw merger, leaves door open for revised dealIndustry Minister Francois\u002DPhilippe Champagne said he will not approve the original deal between Rogers and Shaw. Read more.
Source: financialpost - 🏆 7. / 85 Read more »
Ottawa rejects proposed Rogers-Shaw merger, leaves door open for revised dealIndustry Minister Francois\u002DPhilippe Champagne said he will not approve the original deal between Rogers and Shaw. Read more. financialpost monopolies are not allowed. partnerships are. go to school ffs financialpost We need to open it up. Destroy the oligopoly. Let's bring telecom prices down!!!! financialpost They did the right thing. Given Rogers unstable network and their incidents of failure putting more in their hands is a dangerous and security compromising situation. We need more competition not consolidation of power in the hands of a few
Source: nationalpost - 🏆 10. / 80 Read more »