FCC approves long-proposed XM, Sirius merger

[jdlea]

Originally Posted by dmek25

can someone please explain to me how this is not a monopoly?

Because they can price themselves out of the market. It wasn't just 2 satellite radio companies competing, they have to compete with AM/FM, also. People can always just go back to AM/FM if the price gets too steep.

[BDBohnzie]

Originally Posted by jdlea

Because they can price themselves out of the market. It wasn't just 2 satellite radio companies competing, they have to compete with AM/FM, also. People can always just go back to AM/FM if the price gets too steep.

Not only AM/FM, but HD Radio, iPod/MP3, CDs, DVDs, etc. There is plenty of competition out there to "defeat" satellite radio. One of the definite benefits of the merger is a-la-carte pricing, being able to pay for only those stations that you want.

However, I'm actually getting ready to cancel my Sirius subscription because with a 2nd child due in January, we need all the additional income we can hold onto.