Rogers, Shaw families stand to be 'big winners' of merger, Competition Bureau expert tells tribunal

The Rogers and Shaw families will share 33 per cent of merged enterprise shares if the deal closes, with the Rogers’ holding 28.7 per cent, said Dalhousie University economics professor Lars Osberg, one of the experts hired by the Competition Bureau to analyze the two telcos’ potential merger.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

Matthew Law, a lawyer for Rogers, pushed back against these claims and pointed to the Canadian Radio-television and Telecommunications Commission’s decision to approve the deal. Law said the regulator had evaluated how the transaction would impact consumers before the approval.

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Rogers, Shaw merger will hurt low-income Canadians the most, tribunal hearsAn economics professor says the big winners of Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. would be the telecoms' families and that low-income Canadians would be hit the hardest. How exactly? Rogers plans are cheaper than Shaws on almost everything. Shaw seems to raise their prices every 2 months. Flapjack92 Excuse to raise prices & fees !
Source: CTVCalgary - 🏆 26. / 68 Read more »