
Photo: The Canadian Press
The Competition Tribunal has dismissed an application from Canada’s competition watchdog seeking to block Rogers Communications Inc.’s proposed $26-billion purchase of Shaw Communications Inc., clearing a path for the deal to go ahead.
It still requires approval from Innovation, Science and Economic Development Canada.
In a summary of its decision released Thursday, the Tribunal said the merger of the two telecommunications companies would not result in materially higher prices.
The deal, which includes the sale of Shaw-owned Freedom Mobile to Quebecor-owned Videotron Ltd., would not likely prevent or lessen competition substantially, the decision said.
Quebecor agreed