Competition Tribunal dismissed an application last week to block the merger, saying it is not likely to result in higher cellphone bills or poorer service
Canada’s Competition Tribunal says it approved Rogers Communications Inc.’s $20-billion takeover of Shaw Communications Inc. because it expects that the sale of Shaw’s Freedom Mobile to Videotron Ltd. will create a “more aggressive and effective” wireless competitor.
In its detailed reasons, posted online Monday, the tribunal outlined how it arrived at its decision to permit the takeover. The Federal Court of Appeal on Sunday temporarily suspended the tribunal’s decision on what it calls an “emergency basis” until it can hear and decide on the bureau’s application for an injunction.
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