toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

FCC nears decision on XM-Sirius merger

updated 12:30 pm EDT, Fri March 21, 2008

XM-Sirius decision nears

The FCC is indeed moving closer to a decision on the merger of Sirius and XM Radio, according to the group's chairman. Kevin Murphy is cited by Reuters as saying that draft documents are being put together, which will outline the choices the FCC can make on particular details of the merger. "I have asked the staff, after we've gotten all the final information that we needed, to be doing drafts, and when there were issues outstanding to do a range of options for us," he states.

Murphy denies industry rumors, however, that a decision has effectively been made, and comments that he has yet to determine whether he will back a merger approval. The FCC as a whole may not make a decision until the Department of Justice makes an antitrust ruling, addressing monopoly concerns.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented