Monday, March 24, 2008

XM-Sirius: Together at last

Good news for anyone except the cynical who believe that plurality in media is a good idea: The Justice Department has said it doesn't have a problem with XM and Sirius merging.

It's argument - and it has a good point - is that since going with one or the other involves a hefty financial purchase, the pair aren't actually competing for customers in the way that, say, Quiznos and Subway might persuade customers to cross over the road for a different sandwich.

On the other hand, when two outfits have been competing to sign up radio stations, and suddenly there's just one monopoly provider, you might argue that's a bit of a worry. Not to the Justice Department, apparently.


1 comment:

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