Canada's merger court asked the competition bureau to pay about C$13 million ($9.58 million) to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms' C$20-billion merger.

Canada’s merger court asked the competition bureau to pay about C$13 million ($9.58 million) to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms’ C$20-billion merger.

  • Em Adespoton
    8·
    10 months ago

    The back-story here: a couple of decades ago, Rogers decided to expand east after profitable regions, instead of being a western cable company in direct competition with Shaw. After they realized how much more money they were making, they then sold Western Canada holdings to Shaw.

    Fast forward to today, and these not-really-competing cable companies turned media conglomerates want to merge, leaving us with Telus and Bell as the competition.