It’s about time. The XM-Sirius merger will go through, as the FCC finally gets the third commissioner on board. But now, in addition to an enormous wait and a series of draconian restrictions on the new company, XM-Sirius will also be fined $20 million for not building an interoperable receiver - a point that will, of course, be moot once the companies merge.
It’s good news that XM and Sirius will finally be allowed to merge, but the FCC made the process a total nightmare. Let’s hope that Google-Yahoo doesn’t suffer the same fate.
Update: Enforcement issues are still standing in the way of the deal, but they should be resolved soon.
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[...] reported last Thursday that the FCC was set to approve the long-ignored XM-Sirius merger. Yesterday, it [...]
[...] companies must believe the deal would be greatly mutually-beneficial, if they were not deterred by the XM-Sirius fiasco. (To recap: Regulators waited over a year before acting, then stuck on some price controls and [...]