Washington Approves Sirius and XM Merger
March 24, 2008 Category: Entertainment, Technology 1 Comment »
The Antitrust division of the Department of Justice has just approved the 5 billion USD deal to merge satellite radio services XM and Sirius. Over a year after the two announced their plans to combine resources, the DOJ has decided the deal will most likely not harm consumers by essentially eliminating competition. I have been a Sirius listener for two months now, and I look forward to the addition of new content, provided there are no rate increases. As for hardware, there are no reports out there that say existing equipment will be capable of being updated, so this may be an SOL kind of situation. However, I would be surprised if both companies don’t offer some sort of discount or incentives for existing customers. Official DOJ statement after the jump. [Engadget]
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March 24th, 2008 at 2:24 PM
[…] Google Planning Pay-Per-Sale Model? - Social Patterns wrote an interesting post today onHere’s a quick excerpt The Antitrust division of the Department of Justice has just approved the 5 billion USD deal to merge satellite radio services XM and Sirius. Over a year after the two announced their plans to combine resources, the DOJ has decided the deal will most likely not harm consumers by essentially eliminating competition. I have been a Sirius listener for two months now, and I look forward to the addition of new content, provided there are no rate increases. As for hardware, there are no reports o […]