Canada’s Competition Bureau isn’t done arguing against Rogers-Shaw merger | 24CA News

Canada
Published 03.01.2023
Canada’s Competition Bureau isn’t done arguing against Rogers-Shaw merger | 24CA News
Business

The Competition Bureau is asking the Federal Court of Appeal to put aside a call by the Competition Tribunal dismissing its case in opposition to Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc.

Regulator says tribunal made a mistake in the way it assessed the deal

Rogers and Shaw purposes are pictured on a cellphone in Ottawa on May 9, 2022. The Competition Bureau has requested the Federal Court of Appeal to put aside a call by the Competition Tribunal dismissing its case in opposition to Rogers’s proposed $26-billion acquisition of Shaw. (The Canadian Press)

The Competition Bureau is asking the Federal Court of Appeal to put aside a call by the Competition Tribunal dismissing its case in opposition to Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc.

The federal competitors regulator says the tribunal made a mistake in the way it assessed the deal and the proposal that may see Quebecor Inc.’s Videotron purchase Shaw’s Freedom Mobile business.

In searching for its attraction, the regulator says the tribunal made elementary errors of legislation.

In its ruling final week, the tribunal mentioned the merger was not more likely to lead to greater costs for wi-fi clients and that it was happy the plan to promote Freedom Mobile was sufficient to make sure competitors is not considerably diminished.

The bureau says the Federal Court of Appeal has issued a short lived suspension of the tribunal resolution till the regulator’s software for a keep and an injunction could be heard.

The bureau had argued that the merger of the 2 telecommunications firms would reduce competitors, set off greater costs and result in a worsening of service.