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Page 2 - பாராளுமன்றம் நின்று குழு ஆன் தொழில் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Opinion: Canada s efficiencies defence may enable Rogers-Shaw merger

Handout Robin Shaban is principal at Vivic Research, an economic consulting firm that provides data-driven research for policy makers and advocates. Rogers and Shaw issued a joint communique on Monday announcing their intent to merge, a deal totalling $26-billion, including debt. The two companies also claim the merger will create $1-billion a year in synergies within two years after it is finalized. Their synergies claim is interesting because, if upheld, it will severely hamper the Competition Bureau’s ability to take meaningful action to protect competition in the industry, further contributing to the high prices Canadians pay for telecommunications services. The core problem is Canada’s so-called efficiencies defence for mergers, contained in Section 96 of the Competition Act.

Countries should unite to reverse environmental ruin

Business Live: Shares hit record highs on Mahindra and Mahindra boost

The battle between the telcos. PTI reports: Reliance Jio topped the 4G speed chart with data download rate of 20.8 megabit per second (Mbps), while Vodafone was ahead of others in upload speed at 6.5 Mbps in November, according to the latest data update of telecom regulator Trai. Jio recorded more than double the download speed of its closest competitor Vodafone. Though, Vodafone and Idea Cellular have merged their mobile business as Vodafone Idea Limited, the Telecom Regulatory Authority of India (Tri) is still releasing separate network speed data of both the entities. Vodafone recorded download speed of 9.8 Mbps in November, according to Trai’s data updated on December 10. It was followed by Idea and Bharti Airtel with download speed of 8.8 Mbps and 8 Mbps, respectively.

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