Shares in Rogers were trading more than 5 per cent higher at $64.10 on the TSX Friday after the tribunal’s decision was released late Thursday night. Shaw shares rose more than 9 per cent to $39.07.the three-member tribunal rejected arguments that combining the two telecom giants would substantially lessen wireless competition, particularly after the companies struck a side deal to sell Freedom to Quebecor’s Vidéotron Ltd., a major player in Quebec, but with little presence elsewhere.
“We are pleased with the favourable decision from the Competition Tribunal and thank the tribunal members for their work in rendering a swift decision,” the two companies said in a joint statement. “This is an important milestone in the regulatory process and moves us one step closer to closing a series of transformative transactions proposed by Rogers, Shaw, and Quebecor.
, which analysts viewed as an obvious buyer of Freedom, because its assets would allow chief executive Pierre Karl Péladeau to expand wireless services outside his home province.Article content The tribunal determined that the same is likely to be true for the “wireless only” offerings from Freedom and Vidéotron’s digital Fizz brand, relative to the corresponding offerings of Shaw Mobile and Freedom.
Moving to telus HATE rogers
i just don’t get how this can happen
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Competition Tribunal clears path for Rogers-Shaw mergerThe Competition Tribunal has dismissed an application from Canada's competition watchdog, clearing the way for Rogers Communications Inc.'s proposed $26-billion purchase of Shaw Communications Inc. The CRTCeng is such a garbage organization So the competition tribunal doesn’t actually do anything is what I take from this story ? Canada fucking sucks Nothing says fair competition like furthering the oligopoly 👍🏻👍🏻👍🏻
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Competition Tribunal clears path for Rogers-Shaw mergerThe Competition Tribunal has dismissed an application from Canada’s competition watchdog, clearing the way for Rogers Communications Inc.’s proposed $26-billion purchase of Shaw Communications Inc. lol competition tribunal is confused about the definition of 'competition' then WTF What did you expect. This is Canada. The land of low information voters
Source: TorontoStar - 🏆 60. / 55 Read more »
Competition Tribunal approves Rogers-Shaw merger, making Trudeau government the final obstacleIn a decision released late on Dec. 29, the three\u002Dmember tribunal rejected arguments that combining the two telecom giants would substantially lessen wireless… Joke Once again was proved that if you have enough money to spend the success is guaranteed, regardless. There is no consumers protection, this is just a farce. Consumers, brace yourself for what’s to come! This competition mockery will drive the price only⬆️ Just as well disband that useless waste
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Competition Tribunal clears path for Rogers-Shaw mergerThe Competition Tribunal has dismissed an application from Canada\u0027s competition watchdog seeking to block Rogers\u0027 proposed purchase of Shaw. This is not good. Great, now all Shaw customers are going to get Rogered. woof Oh, okay, they said it will be better for consumers, approved. What a joke this government is.
Source: TheTorontoSun - 🏆 23. / 68 Read more »