Anyone Can Order A Study...
(This smells like a study paid for by a group that may have a conflict of interest)Study Sent to FCC and DOJ Confirms XM-Sirius Merger Constitutes a Monopoly
Satellite Radio Is Confirmed a Distinct Product Market Raising Antitrust Concerns
WASHINGTON, March 29, 2007 /PRNewswire via COMTEX
A study sent yesterday to the Federal Communications Commission and the Department of Justice demonstrates that the proposed merger between XM and Sirius would create a monopoly, constituting a likely violation of the antitrust laws.
Conducted by one of the country's leading economists and scholars, the study lends concrete evidence and analysis to some of the most important questions that have plagued lawmakers since the merger was announced earlier this year.
As lawmakers on Capitol Hill began to focus increasingly on what the relevant product market is for satellite radio and what impact this merger would have on consumers, the Consumer Coalition for Competition in Satellite Radio ("C3SR") -- the only group solely dedicated to protecting the interests of the over 14 million satellite radio subscribers in the United States -- approached J. Gregory Sidak of Criterion Economics, L.L.C to prepare an expert declaration analyzing the likely competitive impact of the proposed merger of XM and Sirius....read more:
here3/29/2007 11:52:00 AM
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