Sirius, XM Merger Would Create Monopoly: Study

Law360, New York (March 29, 2007, 12:00 AM EDT) -- A merger between the only two satellite radio providers in the U.S. would constitute a monopoly under the most reasonable market definition, according to a study released Thursday.

The report, authored by a former deputy general counsel for the Federal Communications Commission, suggests the proposed union of Sirius Satellite Radio Inc. and XM Satellite Radio Holdings would violate antitrust laws and should be blocked.

Economist J. Gregory Sidak, who prepared the report for the Consumer Coalition for Competition in Satellite Radio (C3SR) said contrary to the...
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