- cross-posted to:
- canada
- cross-posted to:
- canada
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.
The only way to counter this is to increase corporate taxes on Telcoms.
They’d love that; it would give them the excuse to post losses and cut “redundant staff”, all while making it harder for new players to enter the market.