TORONTO — The Commissioner of Competition for the nation of Canada has lost its bid to try to stop the blockbuster $19.2 billion USD merger between Shaw Communications and Rogers Communications, and its divestiture arrangement with Videotron Ltd. of Shaw’s Freedom Mobile unit.
With the decision, released late Thursday (12/29), the Canadian Minister of Innovation, Science and Industry now holds the final judgment call on whether or not to approve a transaction the companies hoped would close by the end of 2022.
