House of Commons committee plans to take another look at updated Rogers-Shaw deal
The House of Commons trade and know-how committee is planning to provoke one other research of the proposed Rogers-Shaw merger.
Conservative MP Rick Perkins and New Democrat MP Brian Masse confirmed to The Canadian Press that the committee plans to fulfill on Jan. 25 to overview the proposed $26 billion transaction.
On Jan. 24, the Federal Court of Appeal will hear the Competition Bureau’s attraction of a call that cleared the way in which for Rogers Communication Inc.’s takeover of Shaw Communications Inc.
Masse advised The Canadian Press that every one political events agreed to name the committee assembly.
Members of Parliament on the committee had beforehand reviewed the possible merger in March and beneficial towards the transaction.
Now, they are going to conduct a second investigation into the deal, which has since modified to incorporate the sale of Shaw-owned Freedom Mobile to Quebecor-owned Videotron Ltd.
Perkins stated in an interview that Parliament ought to have the chance to overview the deal because it now stands, because the research performed in March was of a earlier model of the proposed transaction.
To go forward, the deal additionally nonetheless requires approval from Innovation, Science and Economic Development Canada.
And whereas that call lies within the fingers of Industry Minister Francois-Philippe Champagne, Perkins stated the committee can present “some useful perspective.”
“We can look at this from a much broader perspective of whether or not we think competition is harmed at all by particular deal,” he stated.
Champagne has beforehand stated he wouldn’t permit Rogers to amass all of Shaw’s wi-fi licences, suggesting the ultimate approval for the merger would require concessions together with the sale of Freedom.
The minister has additionally indicated he’ll decide solely after there’s readability on the continued authorized course of.
This report by The Canadian Press was first revealed Jan. 13, 2023.
