Canada’s Federal Court of Appeal on Tuesday dismissed an attempt by the Competition Bureau to overturn a key approval of Rogers Communications Inc.’s...
OTTAWA, Ontario — Canada’s Federal Court of Appeal on Tuesday dismissed an attempt by the Competition Bureau to overturn a key approval of Rogers Communications Inc.’s RCI CA:RCI.B takeover of Shaw Communications Inc. SJR CA:SJR.B.
Court of Appeal Justice David Stratas said the arguments presented by the bureau don’t meet the threshold of a palpable and overring error going to the core of the case that would be required to overturn the decision by the Competition Tribunal to approve the CDN$26 billion deal. The Competition Tribunal made it clear the transaction would not likely prevent or substantially lessen competition, supported by ample evidence, said Stratas.
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