http://venturebeat.com/2008/07/26/fcc-approves-satellite-radio-merger/ News About Tech, Money and Innovation Wed, 25 Nov 2009 06:07:42 +0000 http://wordpress.org/?v=2.8.5 hourly 1 http://venturebeat.com/2008/07/26/fcc-approves-satellite-radio-merger/comment-page-1/#comment-862754 Kyle West Sat, 26 Jul 2008 20:01:27 +0000 http://venturebeat.com/?p=95669#comment-862754 I think you need to review your definition of monopoly. There cannot be a monopoly in a luxury good, people simply don't need it. While sirius is not necessarily "luxury" it certainly is an extra that many (282 million in the US) can and will live without. Even without regulation, let's say after the merger these two hike the price to $50 a month. Nobody has to pay that and they will go out of business. It's ridiculous to report this merger as a government sanctioned monopoly and I'm personally shocked that it took 18 months to approve. I think you need to review your definition of monopoly. There cannot be a monopoly in a luxury good, people simply don't need it. While sirius is not necessarily “luxury” it certainly is an extra that many (282 million in the US) can and will live without. Even without regulation, let's say after the merger these two hike the price to $50 a month. Nobody has to pay that and they will go out of business. It's ridiculous to report this merger as a government sanctioned monopoly and I'm personally shocked that it took 18 months to approve.

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