MONTREAL and TORONTO and CALGARY, Alberta, Oct. 27, 2022 (GLOBE NEWSWIRE) — Earlier today, Quebecor Inc., Rogers Communications Inc. and Shaw Communications Inc. attended a mediation session as part of the Competition Tribunal process.
“The mediation did not yield a negotiated settlement. We are disappointed with this outcome and believe that litigation is both unnecessary and harmful to competition. The Bureau’s unwillingness to meaningfully engage unduly delays lower wireless prices for Canadian consumers.
We remain committed to completing this pro-competitive series of transactions and are confident in the strength and merits of our case in front of the Competition Tribunal, including the many benefits of these transactions to Canadians.
Once completed, our proposed series of transactions will positively transform the Canadian telecommunications industry in both the…