Rogers' bid for Shaw gets boost after court rejects antitrust effort to block deal

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RA Canadian court on Tuesday dismissed the competition bureau's effort to block Rogers Communications Inc's C$20 billion ($14.9 billion) bid to buy Shaw Communications Inc , in a boost to the companies' efforts to close a deal struck nearly two years ago.

The deal, which would create Canada's No. 2 telecoms operator, has faced opposition from consumer advocates, politicians and rival telecom companies. But the antitrust agency failed to convince courts that the transaction is bad for consumers in a country where wireless bills are already among the highest in the world.

"It would be pointless to send this case back to the competition tribunal for re-decision," Justice David Stratas told the court, calling many of the points of law the antitrust agency raised "without merit". National Bank of Canada analysts said in a note after the ruling that it was unlikely the bureau would appeal as the Supreme Court may not even agree to hear it.

 

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I'm convinced the they keep hiring this guy to make the anti-trust case. Smh

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