Justice Clears Sirius-XM Merger; FCC Decision Still Pending

摘要

The U.S. Department of Justice issued an outright approval March 24 of the proposed merger between Sirius Satellite Radio and XM Satellite Radio, leaving the U.S. Federal Communications Commission (FCC) as the last remaining hurdle to the deal. The Justice Department's antitrust division concluded after a yearlong review that the merger would not substantially reduce competition.