The Canadian Competition Bureau compensates Rogers and Shaw companies nearly ten million dollars!

After a prolonged court dispute,Foreign exchange supervision query a Canadian court ordered the Competition Bureau of Canada to pay approximately 13 million Canadian dollars (about 9.58 million US dollars) in compensation to Rogers Communications and Shaw Communications. This order was to cover their expenses for trying to block the merger of the two companies.

The Competition Tribunal of Canada emphasized in its ruling on August 28 that the efforts by the Commissioner of Competition, Matthew Boswell, to block the deal were "unreasonable."

The court pointed out that the two companies claimed Boswell took an "unnecessarily confrontational stand" throughout the litigation process, leading to a significant increase in the costs they had to bear.

Despite strong opposition from the Canadian antitrust regulator to the merger of Rogers and Shaw, its lawsuit was dismissed by the Competition Tribunal of Canada and the courts.

The regulator's main concern was that the deal would reduce competition in Canada's wireless communication field, likely leading to even higher communication costs in a country already known for high fees.

In March of this year, the Canadian government approved Rogers's acquisition of Shaw Communications after obtaining binding commitments to create new job positions and expand network investments.

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