Merger in the News

Hey_Asshole

Man, Beer, Wild
Feb 21, 2007
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TRueWDT
#1
Expert Antitrust Report Finds that XM-Sirius Fail to Prove That Terrestrial Radio, Other Devices Constrain the Price of Satellite Radio



Long ass article, I'm not gonna post it all, here is the first paragraph and the link:
http://radio.broadcastnewsroom.com/articles/viewarticle.jsp?id=189978



WASHINGTON, Oct. 1 /PRNewswire-USNewswire/ -- The Consumer Coalition for Competition in Satellite Radio ("C3SR") today submitted to the Federal Communications Commission ("FCC") an expert antitrust report (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1018487) that exposes gaping holes in the economic analysis submitted by XM and Sirius in support of their proposed merger. The report, authored by J. Gregory Sidak, an internationally recognized expert on antitrust and telecommunications law who teaches at Georgetown University Law Center, primarily responds to a recent FCC submission by Charles River Associates ("CRA"), which purports to show that a satellite radio monopoly would not be harmful because there is adequate competition from other media such as terrestrial radio (AM and FM broadcasting), iPods/MP3 players, Internet radio, and mobile telephones.