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Industry committee meeting on Rogers-Shaw deal

Darpan News Desk The Canadian Press, 25 Jan, 2023 11:09 AM

OTTAWA - The House of Commons industry and technology committee is set to meet today to look at Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc.

Industry Minister François-Philippe Champagne, who still needs to approve the deal, said he was reviewing the Federal Court of Appeal's decision and will be making a decision on the deal in due course.

My statement regarding the Federal Court of Appeal’s ruling on the Rogers-Shaw transaction: pic.twitter.com/ujvwznTVrl
— François-Philippe Champagne (FPC) 🇨🇦 (@FP_Champagne) January 24, 2023

The committee previously reviewed the merger in March and recommended against the transaction.

This latest meeting will examine a revised proposal that includes the sale of Shaw-owned Freedom Mobile to Quebecor-owned Videotron Ltd.

Speakers at the meeting include members of the Competition Bureau, outside competition experts and company representatives including Rogers chief executive Tony Staffieri.

The meeting comes a day after the Federal Court of Appeal dismissed an appeal by the Competition Bureau to overturn the Competition Tribunal's approval of the deal.

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