MPs question officials on Rogers-Shaw takeover’s impact on industry’s competitiveness

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Industry committee re-examining deal after the proposed divestiture of Shaw’s Freedom Mobile to Quebecor

The minister has previously said that, if he were to approve the transfer, Videotron would be expected to hold on to Shaw’s wireless licences for at least a decade and commit to bringing down cellphone bills outside of its home market of Quebec,“That’s what I’m going to be reflecting on – what are the expectations that I can demand that would ensure competition, that would ensure ... affordability,” Mr. Champagne said Wednesday.

Liberal MP Nate Erskine-Smith questioned the enforceability of Mr. Champagne’s conditions during the committee hearing, while Conservative MP Rick Perkins called on the minister’s department to release the notes from their more than 60 lobbying meetings with telecoms. Prime Minister Justin Trudeau also addressed the deal between Rogers and Shaw on Wednesday, saying that the government’s top priority is trying to “keep prices down and keep quality high” for consumers of telecom services.

“That’s why we expressed concerns from the outset around the original proposal for Rogers-Shaw, and why we’ve been working very hard to see if there are ways to ensure continued competition in the industry while creating opportunities for better services for Canadians,” Mr. Trudeau said.

 

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

We have no competition in Canada and we’re getting robbed and getting robbed by the government. If this goes through I’m going to be livid once again!

Rogers is too big already now there will no competition and us consumers already pay more than we should

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:

 /  🏆 5. 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.

Opinion: Industry committee has no business in Rogers-Shaw merger reviewNew Rogers\u002DShaw hearings risk further politicizing merger review, which in Canada is meant to be free from political interference. Read more fpcomment Less choices for Canadians is always a bad idea.
Source: nationalpost - 🏆 10. / 80 Read more »

Opinion: Industry committee has no business in Rogers-Shaw merger reviewNew Rogers\u002DShaw hearings risk further politicizing merger review, which in Canada is meant to be free from political interference. Read more Canada's poor quality and high prices are about to get worse.
Source: financialpost - 🏆 7. / 85 Read more »

Opinion: Industry committee has no business in Rogers-Shaw merger reviewNew Rogers\u002DShaw hearings risk further politicizing merger review, which in Canada is meant to be free from political interference. Read more
Source: nationalpost - 🏆 10. / 80 Read more »

Industry committee set to hold meeting on Rogers-Shaw deal - BNN BloombergThe House of Commons industry and technology committee is set to meet today to look at Rogers Communications proposed takeover of Shaw Communications.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Industry committee set to hold meeting on Rogers-Shaw dealThe House of Commons industry and technology committee is set to meet today to look at Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc. The committee previously reviewed the merger in March and recommended against the transaction. Holding a meeting within a meeting at a retreat about meetings to see which constitutional firms will solve the issues and run the government behind the scenes for the next year. The liberal_party way!!! Spend more deliver less. 🤦‍♂️🤡🌎 It's a done deal. We are screwed like always. Hopeless situation. The GOV. again. Set to allow another internet provider to be gobbled up .when are they going to learn we need more providers not less. It seems they do not care about the people who will be paying more and they be just making corporation's bigger.
Source: CTVNews - 🏆 1. / 99 Read more »