What consequences will follow the proposed $26 billion purchase of Shaw Communications by Rogers?
A) It will shrink the telecommunications market and may result in higher prices for consumers in Canada
B) It will shrink the telecommunications market and may result in lower prices for consumers in Canada
C) It will encourage other family-owned enterprises to enter the telecommunications market
D) It will encourage new competition in the media sector
E) It will reduce Canada's sky-high wireless fees

Question

Quizplus · Accepted Answer

The merger between Shaw Communications and Rogers would result in a significant decrease in competition in the telecommunications market in Canada, which could allow the remaining players to raise prices for consumers. This merger would potentially give Rogers a dominant market position in Western Canada, which may result in fewer choices and increased prices for consumers.

What Consequences Will Follow the Proposed $26 Billion Purchase of Shaw