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Market reaction positive to appeal outcome over Rogers-Shaw merger

News | 01/25/2023 6:23 pm EST
Rogers' Toronto headquarters./ Photo via Wikipedia.

Commissioner of Competition Matthew Boswell said Tuesday his agency will not take the fight against the takeover of Shaw Communications Inc. by Rogers Communications Inc. to the Supreme Court. The announcement came hours after the Federal Court of Appeal (FCA) dismissed the Competition Bureau’s (CB) appeal of a Competition Tribunal ruling allowing the merger to proceed.

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