Rep. Rick Boucher "pleased" with DOJ; urges FCC to complete review

Tuesday, March 25, 2008 at 11:42 AM
Tags: DOJ, FCC, Merger, Merger Support, Rick Boucher, Satellite Radio

Rick Boucher
Congressman Rick Boucher (D-VA) today issued a statement regarding the Justice Department's approval of the merger between Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.

"I am pleased that the Department of Justice has concluded its investigation and determined that the XM-Sirius merger does not pose significant competition concerns," stated Boucher. "The Department appropriately defined the relevant market for competitive purposes as the entire marketplace for audio entertainment, including terrestrial radio, Internet radio, and consumer devices, such as iPods. In that broader market, the merged company will have limited ability to raise consumer prices."

"While creating no consumer disadvantage in terms of pricing of services, the merger will lead to significant other consumer benefits," Boucher added, citing the synergies that would allow for a la carte packages to be available to consumers.

"This unprecedented approach will provide subscribers with more choices and lower prices and will pave the way for a form of content acquisition based on the individual programming preferences of listeners."

Boucher concluded: "Given the vibrancy of competition in the audio entertainment market and the substantial consumer benefits that will result, the merger is clearly in the public interest.  I urge the FCC to complete its review of the XM and Sirius transaction expeditiously and allow the two companies to proceed with their merger plans."

Rick Boucher has a history of promoting technology and being active on Internet-related legislation. Boucher's proposals to promote competition in the cable and local telephone industries contributed to the enactment of the Telecommunications Act of 1996.

Boucher also originated the House Internet Caucus (and is currently its co-chairman) and created the Digital Media Consumer's Rights Act (DMCRA) legislation.

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Comments

Ryan -

I'm very disappointed in you. You've never mentioned the amounts of money and payments in kind received from Boucher to garner his support of this merger. For example, the monies he's received over the years from the XM PAC, and the creation of jobs vis-a-vis the creation of the call center in his district.

Where is the full disclosure on your part?

full disclosure HA! Not here at orbitcast, not from Ryan, it's all about catering to fanboys. There is nothing but bias spin job posts here. A true "fan" of sat. radio would see the merger for what it truly is: A Monopoly and the end of the promise of sat radio.

HD radio better be ready for mutiple thousands of customers upgrading to HD Radio to get away from supporting a monopoly.

Anonymous coward = David Rehr

Actually his contibutors include NAB, Clear Channel, etc. None from XM/SIRI related business that I can find. He is a pioneer in modernizing competiition in telecommunications. He just looked at the issue honestly and made the right call. We need more like him.

@MoveToA.

I don't think that David Johanssen looking mook can spell, so I doubt AC is him.

thj

Anonymous coward = David Rehr = Shorted SIRI XMSR = LOSER

Ummmmm, doesnt terrad have its own dozen or so websites spewing their pro-NAB propaganda?????? Last time I checked, this is ALL THINGS SATELLITE RADIO, not ALL THINGS NAB.

So Anonymous Coward can shut the F up!

Holy crap! It's a sane Democrat!

Threader + Anonymous coward = David Rehr = Shorted SIRI XMSR = BIGGER LOSER

So xoxo can ALSO shut the F up!

Sorry Orbitcast IS about "All Things Satellite Radio" not "All Things xmelot fanboys can dream."

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