XM And SIRIUS Radio Merging

lenny6998 writes to tell us Yahoo! News is reporting that XM and Sirius Radio, the only two major players in the relatively new market of subscription satellite radio have announced a merger. "The two companies said in a statement that Mel Karmazin, the CEO of Sirius, would become chief executive of the new company while Gary Parsons, the chairman of XM, would remain in that role."

Comments

Re:Yes, Virgil, Monopolies ARE a Problem

[mpapet]

Another post rightly points out that being a monopolist is not on its face illegal but specific behaviours are. This is different than what I believe you are implying. In short, monopolies do a number of very harmful things:

1. Raise prices. (inevitable with SXm)
2. Reduce quantity available at a given price.
3. Eliminate the benefits of competition which are supposed to be things like lower prices, greater selection.

Most people won't or don't understand the graph, but it's clear consumers are harmed. The little yellow triangle says so: http://en.wikipedia.org/wiki/Monopoly#Price_settin g_for_unregulated_monopolies.

I urge you to examine the issue carefully.

Re:Satellite Radio is sooooo 2002.

[RyuuzakiTetsuya]

Air America radio is worth 13 bucks a month to me.

Re:Now you know one (was Re:Start the death watch!

[benzapp]

I hate to tell you this, but you are obviously a cultural dead weight, a pathetic member of the slave strata who wouldn't understand true beauty if your life depended upon it.

The very simple fact that you find ANYTHING on major broadcast radio means you are likely also a total idiot with only average intelligence at best.

Enjoy the fact that you are a loser, and you will die forgotten, an embarrassment to the fucked up brats you will undoubtedly spawn to replace yourself.