Company lawyers slam Competition Bureau’s ‘hyperbolic’ arguments as Rogers-Shaw merger hearing wraps up

  • 📰 TorontoStar
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Counsel for Rogers, Shaw and Vidéotron argued series of transactions will benefit consumers, a starkly different picture than that painted by the competition watchdog.

Lawyers for Rogers and Shaw insist the companies’ merger will lead to a renewed fight for home internet customers in Western Canada, while a side deal with Vidéotron will see the “maverick” wireless operator make a bold push outside its home province, another consumer win.

Earlier this year, Rogers struck a side deal to sell Freedom Mobile, Shaw’s wireless business that operates in Ontario, British Columbia and Alberta, to Vidéotron for $2.85 billion. “The efforts to deride Vidéotron’s ability to compete successfully in the wireless business in Western Canada are entirely without merit,” said Kent Thomson, a lawyer for Shaw.

John Rook, a lawyer for Vidéotron said the company has long wanted to acquire Freedom Mobile and put forth a detailed business plan for success if it closes the deal for the carrier and its 1.7 million cellphone customers. “Rogers is a substantially larger and better resourced company than Shaw,” Thomson said, adding, If this transaction is allowed to proceed, Rogers will bring to bear its enormous experience, expertise, scale and resources to compete aggressively and successfully against Telus.”

He said in October that if he were to approve the transfer of licences to use wireless spectrum licences to Vidéotron, he would expect the company to make a long-term commitment and offer lower prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lawyers are overpaid art students prone to over formalistic thinking with a monopoly on law that they have ruthlessly exploited for power and profit to the detriment of justice. Abolish lawyers. Fix our broken, pay-to-win joke of a 'justice' system.

Judges, lawyers and cops are proof that there is no rule of law in Canada. They do things that would put normal people in jail or have consequences. Local media has ignored this problem ruthlessly and helped these bad actors stay hidden. For example:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 60. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Competition Bureau pleads to tribunal to block Rogers-Shaw merger 'for millions of people'Competition Bureau lawyer said consumers in B.C. and Alberta will lose the benefits of effective competition. Read more.
Source: financialpost - 🏆 7. / 85 Read more »

Competition Bureau pleads to tribunal to block Rogers-Shaw merger 'for millions of people'Competition Bureau lawyer said consumers in B.C. and Alberta will lose the benefits of effective competition. Read more. Where is Trudeau interfering with this Not in his best interest I presume. I’m sorry, I’m just a concerned Canadian Canada needs more competition. ugh That means I'll have to stick with my Shaw re-seller and no hope of things ever improving at this address. Helluva racket. Forced to have the Internet and put up with more than 20 drops a day. infuriating
Source: nationalpost - 🏆 10. / 80 Read more »