Rogers, Shaw, and Canada’s competition bureau have agreed to start a mediation process.
The move follows weeks of back and forth between the parties after the antitrust agency blocked Rogers’ C$20 billion ($15.5 billion) acquisition of Shaw.
The mediation could pave the way for a settlement, and avoid a protracted legal battle. Rogers’ proposed acquisition of Shaw comes as high mobile prices remain a hot-button issue in Canada.
The parties will argue their case before a tribunal judge during the mediation process.
If they fail to agree, however, the matter will go to a trial which is expected to start in November.
An outcome would be expected by year-end.
This report’s information was first seen on Reuters; to read more, click this link.
