Competition Tribunal clears path for Rogers-Shaw merger

  • 📰 TheTorontoSun
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

The Competition Tribunal has dismissed an application from Canada\u0027s competition watchdog seeking to block Rogers\u0027 proposed purchase of Shaw.

Concerns that Bell and Telus – the closest competitors to Rogers in Canada’s telecom market — would be unable to compete with the combined company were also dismissed..

Throughout the hearing, the Competition Bureau argued the merger would lessen competition in the telecom market, trigger higher prices and lead to poor service.Earlier this year, Industry Minister Francois-Philippe Champagne said he would not allow Rogers to acquire all of Shaw’s wireless licences, suggesting the final approval for the merger required concessions including the sale of Freedom.

The deal’s current closing date of Dec. 31 is just days away, though the parties have the option to extend through the end of January if needed.

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:

 /  🏆 23. in BUSİNESS
 

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

aaannnndddd we let brazil own our mines....

Canada... building strong corporate monopolies and centralizing power at every opportunity. Screw you citizens.

Is Mint mobile allowed in Canada yet?

Competition Tribunal BS. It lessens competition. We aren't fools.

Oh, okay, they said it will be better for consumers, approved. What a joke this government is.

Great, now all Shaw customers are going to get Rogered. woof

This is not good.

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 Tribunal clears path for Rogers-Shaw mergerThe Competition Tribunal has dismissed an application from Canada's competition watchdog, clearing the way for Rogers Communications Inc.'s proposed $26-billion purchase of Shaw Communications Inc. The CRTCeng is such a garbage organization So the competition tribunal doesn’t actually do anything is what I take from this story ? Canada fucking sucks Nothing says fair competition like furthering the oligopoly 👍🏻👍🏻👍🏻
Source: CP24 - 🏆 30. / 67 Read more »

Competition Tribunal clears path for Rogers-Shaw mergerThe Competition Tribunal has dismissed an application from Canada’s competition watchdog, clearing the way for Rogers Communications Inc.’s proposed $26-billion purchase of Shaw Communications Inc. lol competition tribunal is confused about the definition of 'competition' then WTF What did you expect. This is Canada. The land of low information voters
Source: TorontoStar - 🏆 60. / 55 Read more »

Competition Tribunal approves Rogers-Shaw merger, making Trudeau government the final obstacleIn a decision released late on Dec. 29, the three\u002Dmember tribunal rejected arguments that combining the two telecom giants would substantially lessen wireless… Joke Once again was proved that if you have enough money to spend the success is guaranteed, regardless. There is no consumers protection, this is just a farce. Consumers, brace yourself for what’s to come! This competition mockery will drive the price only⬆️ Just as well disband that useless waste
Source: financialpost - 🏆 7. / 85 Read more »

Tribunal clears path for merger between Rogers and Shaw | Globalnews.caThe Competition Tribunal has dismissed an application from Canada's competition watchdog, clearing the way for Rogers' proposed $26-billion purchase of Shaw.
Source: GlobalNational - 🏆 81. / 51 Read more »