The Canadian PressThe Competition Tribunal has dismissed an application from Canada's competition watchdog, clearing the way for Rogers Communications' proposed $26-billion purchase of Shaw Communications. Approval is still required from Innovation, Science and Economic Development Canada.In a summary of its decision released Thursday, the tribunal says the merger of the two telecommunications companies would not result in materially higher prices.
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. Matthew Boswell, the commissioner of competition for the federal Competition Bureau, issued a statement Thursday evening, saying, "I am very disappointed that the tribunal is dismissing our application to block the merger between Rogers and Shaw. We are carefully considering our next steps."
Throughout the hearing, the Competition Bureau argued that the merger would lessen competition in the telecom market, trigger higher prices and lead to poor service.Questions about Rogers outage can be asked at Shaw merger hearing, Competition Tribunal rules
Sure, merge and cut out the competition. Typical corporate greed move.
Shaw has the best rates and service. That will all be destroyed by greedy Rogers
Looks like the Competition Tribunal has been captured by industry, just like the rest of our supposed oversight bodies (*cough* CRTC *cough*).
So I need a new cell phone company. Who's good?
3.4 million followers eh CBC?
Money can dismissed anything. They are giants they can buy anything bureaus , judges, MP’s MLA’s .
I do not want Rogers to have anything to do with my Shaw Satellite TV service. I hate Rogers!
Best solution: let them all merge as much as they want (including Bell, Telus etc.) but allow US competitors in on the heels of that - this will best serve Canadian consumers.
Years ago, Roger's made veiled threats that if they weren't allowed to expand, they'd halt or slow down expansion of high speed internet installation in rural communities. Looks like feds caved.
Defund the cbc
Canada loses again 😡 the system is rigged to screw Canadians 😡
JustinTrudeau Shame.
Our country is a country of monopolies and we are all worse off because of it. CANADALAND
Maybe now they have time to look into Doug Ford telling his friends when and where to buy land?
Well I guess we know whose pockets just got lined. I think the Competition Bureau does not understand the basic rule of competition when there will be one less company of choice. More Trudeau chin flapping. Prices will increase.
How do I get a job at the Competition Tribunal? Sit around all day and rubber stamp applications?
Hopefully this will be Trudeau's 'John Turner' moment where he could have just said 'No!'. Instead he is frolicking in Jamaica showing off his pink socks
What’s the point of a competition bureau that doesn’t care about companies actually competing?
Someone got paid off
OH! OH!
Yes good old Canadian corrup...oops I mean competition.
Sell your stocks. The future is wireless.
Who is doing this M&A deal to screw Canadians? ~ RogersShaw
Horrible High prices, low quality
Less competition means better prices and service right?
Not surprised 😑
There's a liberal making money on this deal so of course it's getting approved
Brace yourself Canada! Telco monopoly is coming!
Money talks
Checks and balances eh? more like fucking bullshit
Well, up go the rates. Hang on!!!!
How many suitcases of cash did this decision cost Rogers?
canadians get ready to get bentover; incompetence from this government is through the roof
The competition bureau must have finally been satisfied with the amount of $ they were given
Nationalize Rogers
Why do a handful of people get to decide this? Rogers is already fucking me I can just imagine what I’m gonna have to pay now.
How fucking corrupt is that .
The competition bureau sucks.
Mafia industry
Isn’t Rogers the company that screwed so many Canadians because they were the only ones dealing with all of canadas atms🤷♂️
Canadians are screwed.
So there’s a Canada competition watchdog who is then overseen and can be overused by a competition tribunal? Sorry but holy crap!!!!!
Might as well rename it the 'Rubber-Stamp Tribunal'.
Joke 'country'
Where is the story about Colleen Jones and the Order of Canada? It’s on the website but not on Twitter.
Content deactivated!
So when do we collect the tar, feathers, torches and farming implements
Another win for corporations. 😡 Canada already has the highest internet rates in the world yet the watchdog, supposed to protect consumers, allows the telco oligopoly to thrive in Canada.
pcguy8088 Important nitpick: Competition tribunal has informed that it intends to dismiss the Comp Bureau application. The actual decision has not been issued and is expected within 48 hours (whatever this means with long weekend).
That’s business in the time of Cons’ clones, i.e., the Libs.
Wow, why not include Telus at this point and call it a day. So much for competition.
I for one welcome out new oligarchy.
Big pockets to fill requires oligopolies to exist, such a shame.
Hello Competition Tribunal. Canadians already pay some of the highest telecom rates on the entire planet.
Fire whoever is on the Competition Tribunal. They probably make $250,000 and allow this bs.
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