Rogers’ $14.8 Billion Shaw Deal Wins Canada Court Approval (3)

December 30, 2022, 12:19 PM UTC

Canada’s merger court ruled in favor of Rogers Communications Inc. and Shaw Communications Inc. in a key antitrust case, clearing one of the final hurdles to the union of two of the nation’s largest telecommunications firms.

The federal antitrust commissioner failed to prove that the deal would cause significant harm to competition in the industry, the Competition Tribunal said in a summary of its ruling, released late Thursday. The merger of Rogers and Shaw is “not likely to result in materially higher prices” or a decline in service or innovation, the court found.

It’s a huge victory for the ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.