Sirius and XM Merger Inches Closer to Completion
Speaking of endless mergers, Sirius Satellite Radio and XM Satellite Radio are one step closer to finally completing their merger. As CNNMoney.com reports, FCC chairman Kevin Martin has indicated that he would support the deal announced back in March—the next step is for Martin “to call for the remaining members of the FCC to vote on it this week.”
On the face of it, it may seem like the two major satellite radio competitors merging would create a monopoly and stifle innovation.
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