American Antitrust Institute Against XM-Sirius Merger
June 6, 2007 at 11:00 AM (PT)
Put the AMERICAN ANTITRUST INSTITUTE in the "no" column for the XM-SIRIUS merger, as the organization, described as "an independent non-profit education, research, and advocacy organization," files comments opposing the deal with the FCC, asserting that XM and SIRIUS "have not demonstrated that the rationale for the Commission’s 1997 rule forbidding a monopoly in the Satellite Digital Audio Service (DARS) has been undermined by subsequent developments." The NAB made the brief available to the press WEDNESDAY as part of its campaign against the merger.
"It is far too early in the life of this industry to abandon intramodal competition in exchange for the weak public interest benefits proffered by the applicants," says the AAI. "Those benefits do not appear to be merger-specific or likely to increase the merged company’s incentives to lower prices, improve quality, enhance services or offer new products. Indeed, the principal benefit proposed by the applicants -- to allow consumers to access the best programming from both services using a single receiver -- should have been already available to consumers if the applicants had fully complied with the Commission’s interoperable-receiver mandate."
Read the brief by clicking here.