Final witnesses speak during hearing on Rogers, Shaw $26-billion proposed deal
BNN Bloomberg
Canada's competition watchdog heard from its final group of witnesses Thursday at the hearing meant to debate the Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc.
The deal brokered in 2021 has been fraught with concerns about lessened competition since the Competition Bureau sought to fully block the takeover in May.
Witnesses speaking Thursday focused largely on potential efficiencies tied to the deal, as well as tax implications.
However, over the last four weeks, Chief Justice Paul Crampton, head of the tribunal panel, his co-panelists and the public have heard from a series of witnesses, including Shaw CEO Bradley Shaw, Quebecor Inc. CEO Pierre Karl Péladeau, Rogers senior vice-president of finance Marisa Fabiano, economics experts, accountants, as well as Bell, Telus and Freedom employees.
