NAB Files Reply Comments On XM-Sirius Merger
July 24, 2007 at 1:54 PM (PT)
The NAB has filed its reply comments in the XM-SIRIUS merger, reiterating its position that the merger would "violate long-standing Commission policies against spectrum monopolies and the pro-competitive vision enshrined by the Telecommunications Act of 1996." The filing, which also includes pricing analysis by MICHIGAN STATE economist STEPHEN S. WILDMAN, concludes that "there is no legal or factual basis upon which the Commission can approve the proposed merger between XM and SIRIUS."
"The evidence shows that Commission approval of this monopoly would inevitably result in substantial anti-competitive harms," says the NAB, "including increased prices and fewer programming choices for satellite radio consumers, less local programming for local radio listeners, and other public interest harms. Indeed, by recently making additional pricing and programming promises, the Applicants effectively concede that the merger would be anti-competitive and that their only hope for approval is to convince the Commission to discard its pro-competitive vision and impose a detailed rate and programming regulatory regime instead."
Read the NAB's reply comments by clicking here.