Tuesday, August 05, 2008

Order in the Universe

The FCC finally released its ruling approving Sirius's acquisition of XM. The Chairman and each of the four Commissioners also released seperate statements.

3 comments:

Anonymous said...

So antitrust is not necessary in this industry?

Carl said...

Uh, the FCC does not enforce the antitrust law--in this industry, that is the responsibility of the Department of Justice, which in March decided not to try to block the merger on competition grounds.

Anonymous said...

Yeah, there is more than enough competition in the XM/Sirius industry!