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Blumenthal and fellow state attorneys general sent a letter today asking the FCC to step in after the U.S. Department of Justice failed to block the proposed merger of XM Radio and Sirius Radio. The DOJ dismissed concerns expressed by Blumenthal and others that the merger would create an illegal monopoly by leaving the nation with only one satellite radio provider. “A merger of XM Radio and Sirius radio meets the textbook definition of monopoly: a product controlled by one party,” Blumenthal said. “The Justice Department’s inaction regarding this combination defies law, reason and common sense. Even a child understands that owning every property from Baltic Avenue to Boardwalk is a monopoly. “This monopoly-making merger will leave Connecticut consumers at the mercy of a single company, leading to skyrocketing prices and diminished service. Customers unhappy with their service will have nowhere to go. The Justice Department’s message to satellite radio consumers: Go pound sand. “My office, in partnership with other state attorneys general, is demanding the FCC to intervene against this flagrantly anti-competitive, anti-consumer merger. The FCC can and should protect the public interest and radio consumers by killing this monopoly before it’s created.” © Copyright by StamfordPlus.com. Some articles and pictures posted on our website, as indicated by their bylines, were submitted as press releases and do not necessarily reflect the position and opinion of StamfordPlus.com, Stamford Plus magazine, Canaiden LLC or any of its associated entities. Articles may have been edited for brevity and grammar. Related Articles: Local benefit performance sells out a week ahead of scheduled performance - May 14, 2008 - 1:59:39 PM Stamford Hospital nurses recognized with award - May 13, 2008 - 1:51:43 AM Ste. Michelle Wine Estates presents Flights of Fancy Wine Tasting to benefit Stamford Museum & Nature Center - May 6, 2008 - 9:30:15 AM It’s All About The Shoes - May 5, 2008 - 3:50:49 AM Larger-than-life Popa Chubby to headline at The Ridgefield Playhouse - May 1, 2008 - 10:41:23 AM CURRENT HEADLINES: Top of Page
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