Congressmen Declare Opposition to Satellite Merger
A bipartisan group of 72 members of Congress wrote a letter Tuesday to three government agencies expressing their opposition to the proposed merger between XM Satellite Radio and Sirius Satellite Radio, Bloomberg News reported.
Citing a lack of competition in the sector that would be created by such a merger, the Congressmen- 47 Democrats and 25 Republicans, all House members- wrote the letter to Federal Communications Commission, the Federal Trade Commission, and the Department of Justice. The FCC is currently weighing the proposed merger, and a public comment period is underway.
The satellite companies have retorted, in Congressional testimony and in other public statements, that the merged company would not be a monopoly due to competition from terrestrial and HD radio, as well as other forms of in-home and in-car audio entertainment.