Closing arguments filed ahead of final Rogers-Shaw merger hearings

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Final closing arguments are scheduled to be heard on Dec. 13 and 14. Rogers and Shaw are aiming to complete their merger by the end of the year

Written arguments by the two sides locked in a battle at the Competition Tribunal were made public on Friday, roughly a week after the evidentiary portion of the hearings concluded.

So far, the hearings have spanned roughly four weeks and have included evidence from 45 witnesses. Final closing arguments are “Within months, Shaw, under the shadow of the proposed merger, had shifted direction to a ‘middle lane’ strategy that brought price increases, reduced promotions, plummeting device subsidies and curtailed capital spending,” the Competition Bureau says in its final written arguments.

“Added to these deficiencies is the proposed absorption of the disruptive Shaw Mobile product into Rogers, with price increases already planned by Rogers, as disclosed in ordinary course documents and admitted by their witnesses in evidence,” the court filing reads. Rogers and Shaw argue that Shaw Mobile was not a “true” wireless disrupter, but rather a bundled product offered with Shaw’s internet service. The offer was meant to retain internet customers, which Shaw was losing to its Western Canadian rival, Telus Corp.

 

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

It is a joke Nad a disgrace this is even being considered. Chinada.

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 MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Rogers, Shaw say Competition Bureau 'has not come close' to proving case to block mergerThe Competition Bureau has sought a \u0027full block\u0027 of the original Rogers\u002DShaw merger. Find out more. I’m shocked they’d say this Stop it.
Source: nationalpost - 🏆 10. / 80 Read more »