Surprise, surprise: American Antitrust Institute opposes Satellite Merger
Wednesday, June 6, 2007 at 9:09 PM
Tags: 2, XM
The American Antitrust Institute (AAI), a Washington-based advocacy group, shocked the nation today by filing comments with the FCC opposing the Sirius-XM merger.
In the letter (PDF), the organization wrote:
"...AAI believes that the Commission should address the merits of repealing the Commission’s rule forbidding a single satellite DARS licensee from acquiring control of the other licensee in a rulemaking proceeding before the Commission considers the transfer application."
Question is, what mergers has AAI ever supported? It's my sense that AAI is pretty much just anti-merger in general. So it's not necessarily all that surprising that they are not in favor of this one. It's pretty much what they do.
[Read full letter (PDF) via FMQB]
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Comments
So they're pretty much chronic bellyachers.
Posted by: Brian ? | June 7, 2007 12:22 AM
Yeah, the vast majority of mergers have helped to consumer. Just ask Ma Bell or Standard Oil.
Posted by: History Guy ? | June 7, 2007 7:57 AM
History Guy -- Companies don't need mergers to screw the consumers!
Posted by: iband | June 7, 2007 8:19 AM
It doesn't seem unusual to me that an organzation named the "American Antitrust Institute" would be against the merger.
The merger reduces competition and therefore harms consumers. Why wouldn't they oppose it?
Posted by: StackPointer ? | June 7, 2007 10:28 AM