Rogers, Shaw vow to fight competition commissioner's effort to block merger

Rogers Communications Inc. and Shaw Communications Inc. issued a joint statement late on Friday evening indicating they learned of the commissioner's plans after markets closed for the day.

The Competition Bureau is one of three regulatory bodies whose approval is needed for the deal to go through. The Canadian Radio-Television and Telecommunications Commission signed off earlier this year, and the companies are actively trying to sell Shaw's wireless business Freedom Mobile which is expected to be a condition of approval from Innovation, Science and Economic Development Canada.

But both companies say they plan to press ahead with the deal and fight the commissioner's efforts to block it. "Rogers and Shaw will oppose the application to prevent the transaction to be made by the Commissioner of Competition, while continuing to engage constructively with the Competition Bureau in an effort to bring this matter to a resolution and ensure that the transaction's benefits can be realized by all Canadians," the joint statement read.

And the rich get richer. We don't have choices any more, and it infuriates so many of us.

This merger is awful for consumers… it should be stopped.

The greed of these two families is astounding. Belly up to the trough boys and girls. Stick it to the Canadian consumer a little harder. You could at least whisper sweet nothings in my ear as you drive it home

More corporate greed and Control over the simple minded sheep. Eventually one corporation will own them all and the world will be screwed. EndTheMonopoly

liberal idiots are mad saying Elon will have too much 'power' this shit feeds liberals..this is worse...they all bell rogers shaw should face open competition..Ukraine has cheaper internet and we send cash...illegals come with iphones/ who paysOPEN EVERYTHING

Phone bills suck! Contracts! Pos!

if they get to do that then we Must allow more american networks for consumer protection!

Guys rate my nude photos)

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rogers, Shaw notified of Competition commissioner’s plan to oppose $26-billion mergerIn a statement, the telecom companies said they were notified the commissioner plans to oppose their merger Good we need more competition not less with our cable companies
Source: globeandmail - 🏆 5. / 92 Read more »

Rogers, Shaw vow to fight competition commissioner’s effort to block mergerThe proposed $26-billion merger between two of Canada’s telecom titans has hit a new regulatory hurdle after the Commissioner of Competition has indicated it intends to block the deal. Incoming restructuring... Ie: layoffs... The true national sport of Canada is not hockey, it's gouging. And these bastards are the pros. We have the highest telecom rates in the world and the least choice. But we're sheep, so we tolerate it. Rogers is already a monopolized psuedo-crown corporation that receives public funding and legal protections other entities do not. Capitalism can become fascistic if the market does not remain free.
Source: TorontoStar - 🏆 60. / 55 Read more »

Canada's competition commissioner to oppose $26B Rogers-Shaw merger, say companies | CBC NewsCanada's commissioner of competition intends to oppose Rogers Communications Inc.'s proposed $26-billion merger with Shaw Communications Inc., the companies said in a statement early Saturday. Good too powerful. Good job. 👏✨👍 Bribes was not big enough?
Source: CBCAlerts - 🏆 37. / 63 Read more »

Rogers, Shaw say merger deal to be opposed by competition commissioner | Globalnews.caIn a joint statement on Saturday, Rogers and Shaw said they were notified of the commissioner's intention to prevent the multibillion-dollar proposed merger.
Source: GlobalNational - 🏆 81. / 51 Read more »