Rogers and Competition Bureau fail to resolve differences over the Shaw acquisition

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Rogers and Competition Bureau fail to resolve differences over the Shaw acquisition
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BREAKING Rogers and Competition Bureau fail to resolve differences over the Shaw acquisition

on July 6 that said meetings with Competition Commissioner Matthew Boswell on July 4 and 5, “did not result in a resolution of the commissioner’s objections to the proposed merger,” dashing any hopes of a short-term resolution to Ottawa’s concerns that the $26-billion acquisition would result in a less competitive market for wireless and cable services.that they won’t close the deal until the Boswell’s issues are resolved, either through mediation or at the Competition Tribunal.

“Rogers and Shaw are not precluded from continuing discussions with the commissioner at any time,” the statement said. “Rogers and Shaw intend to continue to work constructively with the commissioner to highlight the many benefits of the merger to all Canadians, including maintaining a strong and sustainable fourth wireless carrier across Canada through the proposed divesture of Freedom Wireless to Quebecor Inc.

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