Rogers, Shaw say merger must be allowed to proceed

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Nederland Laatste Nieuws,Nederland Headlines

TORONTO — Rogers Communications Inc’s C$20 billion ($14.9 billion) acquisition of rival Shaw Communications Inc has been delayed long enough and must be…

Canada’s antitrust tribunal approved the transaction on Dec. 30 that would create the country’s second-largest telecom firm but the competition bureau later appealed the tribunal’s ruling.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The companies will face off against the competition bureau in a Federal Court of Appeal hearing on Jan. 24. But Tuesday’s document from Rogers argued the deal has already been subject to a long investigation, six months of close case management by Chief Justice Paul Crampton and Tribunal Chair Justice Andrew Little, a carefully sequenced exchange of evidence, two mediations, 16 motions, and 11 days of discovery.

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Create more of a monopoly. Canadians love taking it up the rear.

'Must'. Speaks volumes to how corporations feel about....well everything.

Nederland Laatste Nieuws, Nederland Headlines

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