21.2 C
New York
June 7, 2025
Americas Business Canada Media news World news

Canada’s approval of major telecoms takeover condemned as ‘dark day’

Canada’s approval of major telecoms takeover condemned as ‘dark day’

Anti-monopoly consumer groups slam multibillion-takeover of Shaw by Rogers that will create a media and sports behemoth

Canada has approved a major telecoms takeover that would create a media and sports behemoth in an already concentrated media landscape, in a landmark deal that anti-monopoly consumer groups slammed as “a dark day” for competition in Canada.

On Friday the industry minister, François-Philippe Champagne, said he had approved a multibillion-dollar takeover of Shaw by Rogers.

Continue reading…

Related posts

Weather tracker: Cyclone Freddy brings torrential rain to parts of Africa

TheWorldsNews

Food aid convoys enter Tigray for first time since ceasefire

TheWorldsNews

Ukraine crisis: Russia says it is returning some troops to base in possible de-escalation – live news

TheWorldsNews

Pin It on Pinterest

Share This