No Surprise Here - Broadcasters Not Happy with DOJ Decision
If there was any sure best concerning the Justice Department's approval of the XM/Sirius merger Monday, it was broadcasters expressing unhappiness with the decision.
"We are astonished that the Justice Department would propose granting a monopoly to two companies that systematically broke FCC rules for more than a decade. To hinge approval of this monopoly on XM and Sirius's refusal to deliver on a promise of interoperable radios is nothing short of breathtaking," said Dennis Wharton of the National Association of Broadcasters.
Now that the Federal Communications Commission is the lone entity to issue an opinion on the proposed merger, it's expected that the broadcast lobby will be working overtime at the Portals to scuttle the pending transaction.