Rogers, Shaw, watchdog agree to mediation for proposed $20-billion merger

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Canada’s competition bureau has blocked Rogers’ proposed purchase of Shaw on the grounds that it will lessen competition in the telecom sector

The fate of the deal appears to be a step closer to being determined with the parties agreeing to the mediation process.

Reuters reported on Thursday that the bureau was expected to ask Rogers to sell Shaw’s cellular business to overcome antitrust concerns. The bureau has previously said that the sale of Freedom Mobile, which Rogers has agreed to sell to Montreal-based Quebecor Inc for $2.85-billion, was insufficient to bolster competition in the Canadian market

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They need to stop the merger and allow more competition.

cellphone and internet bills are already crazy in canada. dont let rogers monopolize the market making it even less affordable. increase competition!

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