The Commissioner of Competition has notified Rogers Communications Inc. and Shaw Communications Inc. that it plans to oppose their $26-billion merger at the Competition Tribunal, the telecom companies said in a combined statement early Saturday morning.
Rogers and Shaw said they intend to oppose the competition commissioner’s application to block the takeover, which would combine two of the country’s largest cable networks. “Rogers and Shaw remain committed to the transaction, which is in the best interests of Canada and Canadians because of the significant long-term benefits it will bring for consumers, businesses and the economy.
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Good we need more competition not less with our cable companies