Personally, I think this is a load of BS. The FCC denies two satellite video companies the ability to merge, yet they are willing to allow two satellite audio companies to merge?
Digitally, speaking, there is a lot more competition in the video arena than in the audio so who bought bought in the FCC?
The two satellite TV companies were denied the merger because it would setup a monopoly in rural areas where satellite TV is the only means of getting something other than over the air coverage. Sirius and XM, even merged, have serious competition from multiple sources (ipods, FM radio, AM radio). This is not a monopoly imo.
Reader Comments (Page 1 of 1)
GhostDoggy @ Jun 16th 2008 7:43AM
Personally, I think this is a load of BS. The FCC denies two satellite video companies the ability to merge, yet they are willing to allow two satellite audio companies to merge?
Digitally, speaking, there is a lot more competition in the video arena than in the audio so who bought bought in the FCC?
jubei @ Jun 16th 2008 8:08AM
The two satellite TV companies were denied the merger because it would setup a monopoly in rural areas where satellite TV is the only means of getting something other than over the air coverage. Sirius and XM, even merged, have serious competition from multiple sources (ipods, FM radio, AM radio). This is not a monopoly imo.