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Wis. AG Wants to Block Satellite Merger
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Van Hollen wants the Federal Communications Commission to block a merger of the nation's only two satellite radio companies...Justice Department decided this month to permit Sirius Satellite Radio's proposed $5 billion buyout of rival XM Satellite Radio Holdings.
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FlagJustice Department decided earlier this month to permit Sirius Satellite Radio Inc.'s proposed $5 billion buyout of rival XM Satellite Radio Holdings Inc...Van Hollen, a Republican, sent a letter to FCC Chairman Kevin Martin and Wisconsin's congressional delegation on Monday complaining the deal would eliminate competition in the satellite radio industry, drive up prices for services and reduce channels available to Wisconsin listeners. "Broadcast radio is no substitute for satellite radio,"
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