Competition tribunal paves way for Rogers-Shaw – CBC.ca merger Pipa News

Competition tribunal paves way for Rogers-Shaw – CBC.ca mergerThe Competition Tribunal has rejected a request from the Canadian competition watchdog to block Rogers Communications’ proposed $26 billion purchase of Shaw Communications. In a summary of its decision released Thursday, the tribunal says the merger of the two telecommunications companies will not lead to materially higher prices. We are carefully considering our next steps.”The Competition Tribunal held hearings for four weeks earlier this year to discuss concerns about the proposed deal. During the hearing, the Competition Bureau argued that the merger would reduce competition in the telecom market, lead to higher prices and lead to poor service. Source linkThe post Competition Tribunal paves way for Rogers-Shaw – CBC.ca merger first appeared on Canada News Media.