Here are the comments from the FCC COMMISSIONER MICHAEL J. COPPS who OPPOSED the Merger, and how we could be screwed by Mel in 2011:
"Re: Applications for Consent to the Transfer of Control of Licenses, XM Satellite Radio Holdings Inc.,
Transferor, to Sirius Satellite Radio Inc., Transferee, MB Docket No. 07-57.
The majority’s own findings provide a compelling case for rejecting this merger:
(1) We must assume that this is a merger to monopoly;2
(2) The merged company will possess the incentive and ability to impose monopoly price hikes
on consumers;3
(3) Consumers will need protection for the foreseeable future because (a) the merged company’s
incentive and ability to impose monopoly price hikes will only grow over time,4 and (b) the
emergence of another satellite radio competitor is unlikely;5 and
(4) The pricing restrictions imposed on the merged company will expire in three years.6
The inescapable logic of the majority’s findings is that by 2011 satellite radio subscribers will
face monopoly price hikes by a company with the incentive and ability to impose them.7 No one has been
able to explain to me how this could possibly serve the public interest.8
"Re: Applications for Consent to the Transfer of Control of Licenses, XM Satellite Radio Holdings Inc.,
Transferor, to Sirius Satellite Radio Inc., Transferee, MB Docket No. 07-57.
The majority’s own findings provide a compelling case for rejecting this merger:
(1) We must assume that this is a merger to monopoly;2
(2) The merged company will possess the incentive and ability to impose monopoly price hikes
on consumers;3
(3) Consumers will need protection for the foreseeable future because (a) the merged company’s
incentive and ability to impose monopoly price hikes will only grow over time,4 and (b) the
emergence of another satellite radio competitor is unlikely;5 and
(4) The pricing restrictions imposed on the merged company will expire in three years.6
The inescapable logic of the majority’s findings is that by 2011 satellite radio subscribers will
face monopoly price hikes by a company with the incentive and ability to impose them.7 No one has been
able to explain to me how this could possibly serve the public interest.8