Competition Bureau

The Federal Court of Appeal today rejected the Competition Bureau's appeal of a December 30 ruling from the Competition Tribunal to greenlight Rogers’ long-embattled $26 billion takeover of Shaw Communications — reports The Toronto Star. Canada's Federal Court of Appeal found the Bureau's claims that the Competition Tribunal made four "legal errors" in its decision insufficient...

The Competition Bureau is expanding its appeal of the Competition Tribunal's ruling against its petition to block Rogers’ proposed $26 billion takeover of Shaw Communications, tacking on two claims of "legal error" — reports The Globe and Mail. After the Tribunal released its summary decision in favour of the Rogers-Shaw merger on December 29, the Bureau filed...

The federal Competition Tribunal on Thursday dismissed the Competition Bureau’s application to block Rogers’ proposed $26 billion takeover of Shaw Communications after a weekslong trial, paving the way for the merger to proceed. Canada's Commissioner of Competition was seeking a full block of the Rogers-Shaw deal, arguing that it would lessen competition and raise prices. With...

The federal Competition Tribunal on Thursday dismissed the Competition Bureau's case against Rogers' proposed $26 billion takeover of Shaw Communications, effectively removing the last major obstacle to its completion. Rogers' Shaw acquisition was greenlit by the Canadian Radio-television and Telecommunications Commission (CRTC) in March, and Innovation, Science and Industry (ISED) Minister François-Philippe Champagne all but...

Canada's Competition Tribunal said on Thursday that it hasn't been able to reach a decision on the proposed $26 billion merger of Rogers and Shaw Communications yet — reports Reuters. Federal Court Chief Justice Paul Crampton, who leads the three-member panel overseeing the Tribunal proceedings regarding the merger, reiterated during closing arguments last week that...

Vidéotron's acquisition of Freedom Mobile in a $2.85 billion side deal tethered to the proposed $26 billion merger of Rogers and Shaw Communications would put the Quebecor-owned telecom company in an "unprecedented relationship of dependence" on Rogers, the Competition Bureau said in closing arguments on Tuesday (via The Star). The evidentiary portion of the Competition...

The evidentiary portion of the Competition Bureau's federal Competition Tribunal hearing against Rogers and Shaw over their proposed $26 billion merger came to a close on Thursday, following 18 days of testimony, parades of witnesses, and strenuous cross-examination (via The Globe and Mail). Oral arguments from the two sides are scheduled for December 13 and...

An expert witness hired by Rogers in its ongoing Competition Tribunal hearings against the Competition Bureau testified on Friday that the proposed sale of Shaw-owned Freedom Mobile to Quebecor's Vidéotron will create a "near-national" fourth wireless operator capable of competing with the Big Three (via the Financial Post). Rogers and Shaw have offered to sell...

Rogers's President of Integration, Dean Prevost, accidentally revealed during a Competition Tribunal hearing against Canada's Competition Bureau on Thursday that he is set to receive a $2 million bonus if the company's proposed $26 billion acquisition of Shaw Communications goes through — reports the Hanna Herald. This figure had previously been confidential but slipped out...

Shaw Communications CEO Bradley Shaw told the Competition Tribunal on Wednesday that it was "extremely difficult" for the Shaw family to give up the business and agree to Rogers's proposed $26 billion takeover of the company (via Financial Post). Canada's fourth-largest telecom operator has been a family affair since its inception. Bradley Shaw took over as...

Canada's Competition Bureau on Tuesday refuted Shaw's claims of not having "a viable path forward" if its proposed $26 billion takeover by Rogers fails — reports BNN Bloomberg. While cross-examining Shaw CFO Trevor English in a hearing before the Competition Tribunal, the Bureau argued that the telco is in a pretty comfortable spot financially. The competition...

Shaw Communications CFO Trevor English on Monday told the Competition Tribunal, which is reviewing Rogers's proposed $26 billion acquisition of the company, that there is no "viable path forward" for the telecom giant if the Rogers merger falls through (via Bloomberg). "This isn’t the first time that we considered consolidation within the sector," English said during...