Alabama House Passes Resolution Opposing Satcaster Deal; Group Files Anti-Merger Study
March 29, 2007 at 11:42 AM (PT)
The ALABAMA House of Representatives this morning unanimously passed House Joint Resolution 144, a resolution voicing opposition to the proposed monopoly merger of XM and SIRIUS. The resolution now goes to the ALABAMA Senate.
"It is our hope that similar resolutions will be introduced in other states," NAB spokesman DENNIS WHARTON said.
Meanwhile, a group calling itself CONSUMER COALITION FOR COMPETITION IN SATELLITE filed a report with the FCC claiming that the XM-SIRIUS merger is anticompetitive. The group, formed by GEORGE WASHINGTON UNIVERSITY law students to fight the merger, commissioned a study by CRITERION ECONOMICS LLC's J. GREGORY SIDAK, a former FCC Deputy General Counsel, that concludes that satellite radio is a distinct antitrust product market, the merger would create a monopoly, and consumers would not benefit.
Read the report by clicking here.