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Industry committee  I think it's fair to say that neither we nor the bureau's economists focused on the labour aspect of the transaction, so it's not something I'm well positioned to comment on. We were focused on the effect on prices, on quality and on consumers.

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  I absolutely agree that thinking about jobs and employment is important, especially to the people most directly affected. With respect to thinking about Videotron's incentives and their plans going forward, that's not primarily driven by what's going to happen to employment per

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  I'm actually not an expert in Globalive's business. As I understand, it is affiliated with or run by an individual who has been involved in the telecom business in Canada before. From my perspective, I guess the important thing to think about is that they don't have the assets t

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  As an example, I think it's undisputed that the incentives for Freedom's prices are to go down. I think the model of the bureau's own expert, Professor Miller, whom I talked about before, showed that Freedom's prices would go down. Our analysis found the same thing, so it is true

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  Again, you will have Rogers witnesses here this afternoon. You should talk to them about their specific plans and commitments. All I can say, from an economic point of view, is competition will increase as a result of this transaction. That creates incentives for Rogers to conti

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  You'll have Rogers witnesses on a panel this afternoon, I believe. You should put that question to them. They're better placed to answer specific questions about what plans they're going to offer. What I can say is that from an economic perspective, thinking about the incentives

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  Videotron is clearly an independent player. It is its own company and operates effectively today in Quebec and will operate nationwide as this transaction is cleared. There is no question that they will have various agreements with Rogers as part of their ongoing operations. The

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  I was listening to the translation. I hope I properly understood your question. I think you were asking about the tribunal process and some of the economic analysis that was undertaken. It was a process with 40-plus witnesses, including my colleague Dr. Israel. The bureau had it

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  Look, there's been a rigorous process that we've just gone through, and it concluded that this merger, this transaction, including the divestiture to Videotron, is a pro-competitive one. If the minister were to not transfer the spectrum licences, you would lose the benefits you g

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  Rogers wants to do this deal because it expects to benefit from it, of course, and I think what's important to remember and keep in mind is that the wireline aspect of this deal is a huge proportion of it. Wireline is a large portion of Shaw's business. That's the piece of Shaw's

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  I guess I look at the outcome of the process, which is that Videotron is the divestiture buyer. From my perspective, Videotron is the best situated firm in Canada to acquire Freedom's network assets. It's important to look at the outcome. I understand there are questions about pr

January 25th, 2023Committee meeting

Dr. Bryan Keating

Industry committee  Thank you. Good afternoon. I'd like to thank the chair and members for inviting me to appear before you today. My name is Bryan Keating. I'm an economist at Compass Lexecon, which is a global economics consulting firm. By way of disclosure, my colleagues and I were retained by

January 25th, 2023Committee meeting

Dr. Bryan Keating