Rogers\u002DShaw takeover hearing looks at times like a Hollywood parody of a trial, writes Terence Corcoran. Read on.
industry is a monopolistic conglomeration that has failed to deliver low-cost service to consumers —despite mountains of evidence to the contrary.Article content
Champagne’s public reasoning confirmed Bork’s assessment that anti-trust has moved beyond the scope of first principles. “Canada,” said the minister, “is facing record high inflation, and we must do everything we can to make life more affordable for Canadians,” leaving the impression that competition policy and anti-trust enforcement exist to guarantee low prices and help control inflation. They do not.
These forecasts come from a “merger simulation model” said to be routinely applied in jurisdictions around the world. Miller’stakes up 190 pages to back his conclusions, although about 30 of the 190 contain heavy blackouts, including the page that contains the conclusions on the price increases . — yes, 220 pages — that Miller’s simulation model continues to contain “fundamental flaws” that he has not addressed.Article content
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