Rogers Communications\u0027 deal for Shaw Communications is under the spotlight before a Competition tribunal. Here is what happened today
“This is not merely hypothetical,” Tyhurst said, referring to existing litigation between the two companies over a network-sharing arrangement. Around a year ago, Vidéotron sued Rogers for $850 million, claiming breach of contract and “bad faith” negotiations over the shared network in Quebec.Tyhurst said the proposed sale of Freedom and the entire merger should be rejected by the Competition Tribunal.
Kent Thomson, a lawyer for Shaw, said he would use his opening arguments to “reorient” the tribunal to the “once in a generation opportunity” for enhanced competition — particularly in Western Canada — presented by the Rogers and Shaw merger and the sale of Freedom Mobile to Vidéotron. Thomson contended that “the only winners” if the deals are blocked would be telecom rivals Telus Corp. and BCE Inc.’s Bell.Competition commissioner accuses Rogers, Shaw of ‘abuse of process’ over Telus subpoenas
As a result, Telus displaced Shaw as the leading broadband internet provider in Western Canada. If Rogers were permitted to own those wireline assets, Thomson contended, the larger company with a more established wireless business would be able to compete “on an equal footing” with Telus.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Freedom Mobile sale not enough to offset competition blow if Rogers buys Shaw, tribunal hearsRogers Communications\u0027 deal for Shaw Communications is under the spotlight before a Competition tribunal. Here is what happened today
Read more »
Freedom Mobile sale not enough to offset competition blow if Rogers buys Shaw, tribunal hearsRogers Communications\u0027 deal for Shaw Communications is under the spotlight before a Competition tribunal. Here is what happened today
Read more »
Public hearing begins on Rogers' $26B proposed takeover of Shaw - BNN BloombergThe Competition Tribunal's public hearing on Rogers Communications $26-billion proposed takeover of Shaw Communications begins today as the telecom companies look to take the deal across the finish line.
Read more »
Rogers, Shaw face off against competition watchdog in court over $20-billion mergerRogers and Shaw are finally having their day in court to argue against the Competition Bureau, which sued to block the deal. Read more here.
Read more »
Competition watchdog holds firm on blocking Rogers-Shaw deal in first day of hearing - BNN BloombergCanada's competition watchdog says it still intends to block Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc. in the first day of a weeks-long hearing before the Competition Tribunal.
Read more »
Competition watchdog holds firm on blocking Rogers-Shaw deal in first day of hearingCanada\u0027s competition watchdog says it still intends to block Rogers\u0027 proposed takeover of Shaw in Day 1 of a weeks\u002Dlong hearing.
Read more »