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It used to be that Sirius and XM were two separate companies providing competing services. Unfortunately in 2008 the US DoJ allowed them to merge on the basis t
by kingbirdy 7y ago
It used to be that Sirius and XM were two separate companies providing competing services. Unfortunately in 2008 the US DoJ allowed them to merge on the basis that FM & internet radio were sufficient competition.
- tdhoot 7y agoI don't think they were wrong. Sirius or XM may not have survived on their own. XM was on the verge of bankruptcy as it is.
- nolok 7y agoIs the DOJ ever denying merger anymore though? European here so probably biased but I feel like US regulatory tools have taken a serious step back the last 15 / 20 years
- tdhoot 7y agoThe DOJ sued to stop the merger of AT&T and Time Warner (DOJ lost). The DOJ sued to stop the merger of T-Mobile and AT&T when they tried a few years back (AT&T backed down). It also sued to stop the merger of T-Mobile and Sprint (DOJ settled).