Rogers and Shaw fire back at Competition Bureau — new filings say their merger will be good for Canadian consumers

📆 2022-06-04 04:35:00
📰 TorontoStar

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Rogers and Shaw are firing back at the Competition Bureau, arguing their $26-billion merger deal will be good for Canadian consumers and the economy.

Rogers said it would save money by combining with Shaw, be able to improve its networks and compete harder for customers.

Rogers said Freedom Mobile would be able to continue as a stand-alone wireless company even without access to Shaw’s other telecom network assets. After all, it said, Freedom was an independent carrier before Shaw acquired it in 2016. Shaw said it makes the “overwhelming majority” of its revenue and earnings from its cable business and the bureau is wrong to block the entire deal based solely on concerns about the wireless market.

“Rogers has continued to decline to engage with Globalive because we are an actual true independent competitor,” he said on Friday, adding that Rogers has instead proposed other buyers that won’t truly threaten its own cellular business. “I said, ‘We’ll follow up after June 13,’” which was the deadline for the deal to close at the time. When Rogers and Shaw extended that date to July 31, Lacavera sent the Shaw CEO another email to say the offer still stood.

The Competition Bureau went to court over the deal on May 9. It filed two applications, one to block the deal as a whole and a second one seeking a temporary order to stop the parties from closing the deal while the larger case is heard.

Skriv Kommentar

We already pay the highest fees in the world because of lack of competion stupid. Break up this monopolies and allow some real competition.

There is a LAW about Monopolies. But our Parliament does absolutely nothing about it. That's why we have some of the highest cell bills & cable bills globally. For $20 in the US you get unlimited calling & Data for the US, Canada, and Mexico. The US have this BUT we don't. Hmmm!!

No competition means the rates double and the quality is sketchy at best

Narrator: 'No, it won't.'

Ah yes, because less competition is always best for the consumer.

Who doesn’t love less choice, worse quality, and higher prices? cdnpoli

Lol um no. Hard pass.

Yeah…right

They would say that though 😂

Psst: …THEY’RE LYING 🤥

what is the revenue:salary ratio of both?

Lolol

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