Feds set to approve Rogers' takeover of Shaw, Quebecor's purchase of Freedom Mobile: reports

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Feds set to approve Rogers' takeover of Shaw, Quebecor's purchase of Freedom Mobile: reports
France Dernières Nouvelles,France Actualités
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François\u002DPhilippe Champagne will approve Quebecor\u0027s purchase of Shaw\u0027s Freedom Mobile, clearing Rogers to complete Shaw takeover. Read on.

“We believe investors need to pay attention to the level of concessions that both Rogers and Quebecor have agreed to undertake,” Yaghi wrote Friday morning.

The sight of Shaw being absorbed by one of the Big Three telecommunications companies renewed concerns about competition in the market for cellular services. The government insisted on conditions and the Competition Bureau mounted a vigorous — but ultimately unsuccessful — attempt to block the takeover in court.Article content

The Globe reported that Champagne’s approval of the Freedom sale would come with conditions, but didn’t say what they would be.

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