Opposition Remains to XM/Sirius Merger
The merger between XM and Sirius Satellite Radio may have been approved by the Justice Department’s Antitrust division, but it still needs approval from the FCC to be final- and is still facing some resistance from lawmakers.
According to the radio industry Web site RadioInk, Sen. John Kerry (D-Mass.) wrote a letter this week to FCC Chairman Kevin Martin, citing “serious concerns remain as to how this merger will impact consumers” in the event of final passage.
In the letter, Kerry cited the 1997 FCC order that there must be two satellite radio licenses and that one could never buy the other. The Senator also cautioned against “rubber stamping the Justice Department’s determination that sufficient competition exists,” and requested that conditions be put on the merger to “protect the American consumer from what could prove to be an entity with strong monopoly power.”