Nonprofit Group Urges Department of Justice to Block XM-Sirius Merger

By John Eggerton
Broadcasting & Cable

The American Antitrust Institute [1], a nonprofit that advocates an aggressive stance toward antitrust enforcement, recommended that the Department of Justice file suit against the proposed XM Satellite Radio-Sirius Satellite Radio merger [2].

Justice is currently considering whether or not to approve the deal, with the definition of the satellite-radio market a key component.

AAI argued that satellite radio, not generally downloadable audio in its many forms, is the relevant market and that allowing the only two satellite-radio companies operating in that market to merge would create a monopoly, the group said in a release Tuesday.

To read the complete article, click here [3].


Source URL:
http://www.freepress.net/news/30608

Publisher URL:
http://www.broadcastingcable.com