The Standing Committee on Industry, Science and Technology voted unanimously on March 19 to probe the Rogers-Shaw deal after about an hour of debate.
On March 15, Rogers Communications Inc. announced an agreement to acquire Shaw Communications Inc. in a transaction valued at $26 billion, including debt. The deal will see two of Canada’s largest cable companies, as well as their wireless networks, combined, leaving the industry with only two remaining competitors, Telus and Bell.