Cable / Telecom News

Rogers/Shaw: Competition already declining, Competition Bureau says

Officially filed application to Competition Tribunal seeking to block the merger GATINEAU – The Competition Bureau has filed applications to prevent Rogers Communications from acquiring Shaw Communications, in part due to its findings that competition has already taken a hit since the announcement of the proposed merger. “Following an extensive investigation, the Bureau determined that competition between Rogers and Shaw has already declined,” a press release says. “The Bureau’s position is that if the proposed merger is allowed to proceed, that harm will continue and may worsen.” The investigation found before the merger was announced, “Shaw planned to enter new...