The Federal Court of Appeal has dismissed the Competition Bureau’s appeal of a tribunal decision approving Rogers Communications Inc.’s proposed $20-billion takeover of Shaw Communications Inc.
The decision, which was delivered from the bench Tuesday after the bureau’s lawyers finished delivering their arguments, is a step forward for the deal, which has dragged on for nearly two years.More to come
It is completely insane that the competition bureau approves of this merger. Whose pockets are they in? Perhaps you should find out,
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Competition Bureau set to try to overturn Rogers-Shaw decision at Fed Appeal CourtThe fate of Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc. goes before the Federal Court of Appeal today as the Competition Bureau seeks to overturn the Competition Tribunal's decision approving the deal. Canada has some of the highest mobile rates in the world. Allowing this to go through will not help with that. Why not sell Shaw to European or US interests so that we can finally have a tiny bit of competition in the market to improve service and drive prices down ? crtc CRTCeng
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