Canada’s approval of major telecoms takeover condemned as ‘dark day’

1 year ago 64

Anti-monopoly consumer groups slam multibillion-takeover of Shaw by Rogers that will create a media and sports behemoth

Canada has approved a major telecoms takeover that would create a media and sports behemoth in an already concentrated media landscape, in a landmark deal that anti-monopoly consumer groups slammed as “a dark day” for competition in Canada.

On Friday the industry minister, François-Philippe Champagne, said he had approved a multibillion-dollar takeover of Shaw by Rogers.

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