Canada's competition watchdog says it still intends to block Rogers' $26-billion proposed takeover of Shaw in the first day of a weeks-long hearing before the Competition Tribunal.
Canada'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.
The regulator says separating Freedom from Shaw would make it a diminished competitor because it would remove Freedom's access to certain shared human resources and synergies the company"has enjoyed" as part of Shaw.The Competition Bureau says the sale would create a situation where Videotron is likely to be more"aligned" with Rogers and more vulnerable to anti-competitive actions by Rogers.
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