Senator decries satellite radio deal
Published: Wed, Mar. 21, 2007 12:00AM
Modified Wed, Mar. 21, 2007 03:02AM
E-Mail
Print
tool name
closeThe chairman of the Senate's antitrust subcommittee blasted the proposed merger of the country's two satellite radio providers, charging it would create a "business colossus" that would raise the prices listeners pay.
Criticism from Herb Kohl, D-Wis., underscores the hurdles Sirius and XM face in getting their merger approved by federal regulators. Although Congress has no formal role, Sirius chief executive Mel Karmazin, who would head the joint company, has not received a warm reception for the plan at three congressional hearings.
More Business
All rights reserved. This copyrighted material may not be published, broadcast or redistributed in any manner.
Get it all with convenient home delivery of The News & Observer.
The News & Observer is pleased to be able to offer its users the opportunity to make comments and hold conversations online. However, the interactive nature of the internet makes it impracticable for our staff to monitor each and every posting.
Since The News & Observer does not control user submitted statements, we cannot promise that readers will not occasionally find offensive or inaccurate comments posted on our website. In addition, we remind anyone interested in making an online comment that responsibility for statements posted lies with the person submitting the comment, not The News and Observer.
If you find a comment offensive, clicking on the exclamation icon will flag the comment for review by the administrators, we are counting on the good judgment of all our readers to help us.
