Competition Bureau signals it is prepared to fight rather than settle over Rogers-Shaw deal
In showdowns like these, between government and industry or any two parties that can’t reach an agreement, the proven approach is to get everyone in a room, strive to find common ground and reach a settlement. Resorting to courts should only be a last resort.
With Quebecor now also at the table, the companies asked for another two days of talks at the end of this month, on Oct. 27 and 28.Mediation is a reasonable request, for both sides. The alternative is a lengthy hearing at the Competition Tribunal. The companies would rather settle the terms of their transaction quickly, and move forward. Rogers faces paying $775-million in financing fees to creditors, mostly U.S. bond funds, if the deal doesn’t close this year.
Analysts and lawyers who have read the thousands of pages of filings on this case say Mr. Boswell holds an extremely weak hand. Rogers, Shaw and Quebecor will realize billions of dollars in economic efficiencies from combining their businesses – an argument that trumps consumer concerns in Canada – and create four national cellphone networks, preserving a key federal government policy goal.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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