Canada’s merger court asked the Competition Bureau to pay about $13 million to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms’ $20-billion merger.
Thomson ReutersThe Competition Bureau has been ordered by the Competition Tribunal to pay $13 million to Rogers Communications and Shaw Communications.
Canada's merger court has ordered the Competition Bureau to pay about $13 million to Rogers Communications and Shaw Communications for the lengthy court battle after its failed attempt to block the telecom firms' $20-billion merger. The Competition Tribunal, in a ruling dated Aug. 28, said the Commissioner of Competition Matthew Boswell's approach to block the deal was "unreasonable."
The companies maintained that Boswell "adopted an unnecessarily contentious approach throughout the litigation, which significantly increased the costs that they were required to incur," the tribunal said.
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