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[4/4/07] Stating that the potential merger of Sirius Satelllite Radio and XM Satellite Radio “is the paradigm for why anti-trust laws and FCC competitive mandates were enacted in the first place,” Carmel Group industry analysts on April 3 released a white paper recommending that federal regulators not approve it “under any conditions.”
The authors of the paper argue that “robust competition between rivals in defined business segments is nearly always favored, especially because of its ability to lower prices, enhance service and create more choices.”
Furthermore, the study suggested that “both Sirius and XM can survive – and thrive – on their own… if they stop spending money like drunken sailors [for] individual talent.”
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