this post was submitted on 30 Aug 2023
90 points (93.3% liked)
Canada
7230 readers
615 users here now
What's going on Canada?
Communities
π Meta
πΊοΈ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
ποΈ Cities / Local Communities
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
π Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- MontrΓ©al Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
π» Universities
π΅ Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
π£οΈ Politics
- Canada Politics
- General:
- By Province:
π Social and Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Please go look for the financial penalties. They are a joke compared to the money being thrown around. Antitrust is a joke. Everybody and their dog knew this shouldn't be allowed, and knew that it would be regardless.
This whole thing is very alarming.
Why shouldn't it have been allowed? I don't personally care. But Shaw sucked and if it brings the offers the east gets out west all the better for the users. The one less competertior is bull shit because they already had an agreement to not compete with each other. Besides cell service I being in the west could never get Rogers service so I had one choice of cable provider Shaw now I have Rogers what have Iost as a consumer? The choice of one cable provider all that has happened is the name changed.
Things should be moving in the other direction. The entire point of antitrust is to prevent things from getting to where they already are. None of the telecoms should be growing in power or consolidating at this point, and there was no good reason to allow it. There is already a disgusting overreach of power, and antitrust should be actively making changes to increase competition and set guardrails. Rogers should also not be gaining after they downed important services over the entire country for a whole day.
Notably, the restrictions and promises made to allow the deal were an absolute joke, and the citizens come out last here. There was no reason to allow the insulting deal that was allowed.
This 26 billion dollar deal is supposed to come with billions of dollars in required efforts. The punishment for failure is a fine that is... A fraction of what those efforts cost. 1/26 of what was spent on the deal paid over ten years.
The amount of money given to these companies is already absurd.
And now we are paying Rogers ten million for necessary due diligence? The power dynamic is beyond broken.
I've had service from both Rogers and Shaw. By and have Rogers was muuuuuuuch worse, so I can't really see things getting better for those in the west with this deal