Satellite Radio Monopoly

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Satellite radio monopoly. Xm plus sirius satellite radio monopoly 08 01 2008 05 12 am et updated dec 06 2017 it s one thing when a government agency deregulates or otherwise loosens restrictions in an industry. Sirius xm has never been as popular as it is right now as of june it had 29 3 million self pay accounts and 34 3 million total satellite radio subscribers. Sirius and xm radio used to be separate competing satellite radio services. It is available by subscription mostly commercial free.
The thrust of nab ceo david rehr s testimony was that a merger would create a monopoly and the new company could also use cross subsidies to engage in anti competitive actions against local. But in the waning days of the george w. Washington the justice department gave approval on monday to the merger of two rival radio networks xm and sirius a marriage that would create a de facto monopoly in satellite services now used. And there s more on the way.
Yes but not a classic one in the sense that regulation is necessary. There is no other satellite radio firm in the world. Furthermore the firm faces high fixed costs. The satellite s signals are broadcast nationwide across a much wider geographical area than terrestrial radio stations and the service is primarily intended for the occupants of motor vehicles.
Satellite radio is defined by the international telecommunication union itu s itu radio regulations rr as a broadcasting satellite service. Is warren buffett really bailing on sirius xm stock. Because the merger. It s another when that industry is made up of just two companies.
Customers also bought see product details. Xm plus sirius satellite radio monopoly. Hd radio is the latest gadget for your car truck or living room. Berkshire hathaway reducing its stake in the satellite radio monopoly is worth exploring and it s not as bad as you probably think.
Is siriusxm a. It s another when that industry is made up of just two companies. It s one thing when a government agency deregulates or otherwise loosens restrictions in an industry.