TORONTO — In a new and somewhat unexpected twist in the long, winding road to the end of a merger originally anticipated to close at the end of 2022 and as of December 30 was predicted to see a January 31 completion, the Commissioner of Competition for the nation of Canada has won a January 24 hearing against Rogers Communications and Shaw Communications at the Federal Court of Appeal.
It throws another obstacle at company executives who had been on track to complete the blockbuster $19.2 billion USD merger, which includes a spin off Shaw’s Freedom Mobile unit to Québec-based Vidéotron.