Canada’s approval of major telecoms takeover condemned as ‘dark day’
by Leyland Cecco in Toronto from World news | The Guardian on (#6ACCN)
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, Francois-Philippe Champagne, said he had approved a multibillion-dollar takeover of Shaw by Rogers.
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