RA Canadian court on Tuesday dismissed the competition bureau's effort to block Rogers Communications Inc's C$20 billion ($14.9 billion) bid to buy Shaw Communications Inc , in a boost to the companies' efforts to close a deal struck nearly two years ago.
The deal, which would create Canada's No. 2 telecoms operator, has faced opposition from consumer advocates, politicians and rival telecom companies. But the antitrust agency failed to convince courts that the transaction is bad for consumers in a country where wireless bills are already among the highest in the world.
"It would be pointless to send this case back to the competition tribunal for re-decision," Justice David Stratas told the court, calling many of the points of law the antitrust agency raised "without merit". National Bank of Canada analysts said in a note after the ruling that it was unlikely the bureau would appeal as the Supreme Court may not even agree to hear it.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Canadian court clears way for Rogers Communications' nearly $20 billion takeover of rival ShawCanada’s Federal Court of Appeal on Tuesday dismissed an attempt by the Competition Bureau to overturn a key approval of Rogers Communications Inc.’s...
続きを読む »
Canada judge calls into question regulator's argument to block Rogers-Shaw dealA Canada federal judge called into question the competition bureau's argument to block Rogers Communications Inc's C$20 billion ($14.9 billion) bid for Shaw Communications Inc as the court hearing kicked off on Tuesday.
続きを読む »
Cleveland radio company sues Lorain County Commissioners over communications system19 News has uncovered a lawsuit filed by Cleveland Communications, Inc. against the commissioners.
続きを読む »
AT&T earnings preview: What to expectA day after Verizon Communications Inc. posted earnings, AT&T Inc. will share its perspective on the state of the wireless market.
続きを読む »
Analysis: Europe Inc earnings season a test for market optimismEurope's upcoming corporate earnings season is likely to show whether the renewed optimism about the economy that has buoyed equities in recent weeks is grounded in reality.
続きを読む »
University Circle Inc. Selects Arizona Nonprofit Exec As New PresidentUniversity Circle Inc. selects Arizona nonprofit exec as new president
続きを読む »