Competition Bureau to Appeal Tribunal’s Decision to Allow Rogers’ Takeover of Shaw

Started by Epoch-Times-Bot, Dec 30, 2022, 11:15 PM

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Epoch-Times-Bot

Dec 30, 2022, 11:15 PM
Competition Bureau to Appeal Tribunal's Decision to Allow Rogers' Takeover of Shaw

The Competition Bureau is appealing the Competition Tribunal’s dismissal of its case against Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc., the agency said Friday.
The telecom companies said Friday that they were informed of the bureau’s intent to appeal the Tribunal’s decision, released late Thursday, as well as that the bureau will apply for an injunction to block the deal from closing until an appeal is heard.
“We are deeply disappointed that the Commissioner continues to attempt to deny Canada and Canadians the advantages that will come from these proposed transactions,” the companies said in a joint statement....

Source: Competition Bureau to Appeal Tribunal's Decision to Allow Rogers' Takeover of Shaw

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