Lawmakers to regulators: Block merger of XM, Sirius
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More than 70 lawmakers on  Monday urged antitrust authorities to block the proposed merger  of the nation&#39;s two satellite radio companies, contending that  the deal is anticompetitive.
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Sirius Satellite Radio  and XM  Satellite Radio  shares jumped on Tuesday after the  companies announced a merger plan, although a top regulator  said the deal would face a tough review.
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Satellite radio companies Sirius and  XM invested billions in infrastructure and millions more in  marketing to differentiate themselves from one another. Now,  they&#39;re spending millions more in an attempt to merge.
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Is there a future for satellite radio if the XM/Sirius merger gets rejected?
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Sirius Satellite Radio Inc.  on Wednesday tried to clear up confusion over the cost of its service after buying rival XM Satellite Radio Inc.  by telling lawmakers that it would be less than $25.90, the price of two services combined.
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By SETH SUTEL Associated Press  NEW YORK -- Satellite radio rivals XM and Sirius have every intention of merging, but not just yet.   Until they clear serious regulatory hurdles, Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.
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Executives of satellite radio rivals  Sirius Satellite Radio Inc. and XM Satellite Radio Holdings  Inc. have been meeting lately to discuss the possibility of a  merger, the New York Post reported on Wednesday, citing several  sources close to the matter.
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Three U.S. House of Representatives  lawmakers have come out in favor of Sirius Satellite Radio  Inc's  proposed purchase of its rival XM Satellite  Radio Holdings Inc , the companies said on Thursday.
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Sirius Satellite Radio's plan to buy  rival XM Satellite Radio will test the limits of how much  industry consolidation the business-friendly Bush  administration is willing to permit, some antitrust lawyers  say.
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Congress plans to hold hearings into the merger of satellite radio providers XM and Sirius next Wednesday, with the House Judiciary Committee slated to ask CEO designate Mel Karmazin and others how the merger benefits consumers.
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By Newsday, Melville, N.Y.  Feb. 26--The only two satellite radio systems in America, Sirius and XM, want to merge. A decade-old federal rule bars it. But neither has shown a profit, so Washington should let them combine.
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The head of the National  Association of Broadcasters is urging Sirius Satellite Radio  CEO Mel Karmazin to end his attempt to merge the nation&#39;s two  satellite radio companies and accusing the executive of  misleading the public about the deal&#39;s benefits.
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By Charles Babington, Washington Post Staff Writer  The nation's two satellite-radio companies promised yesterday to refrain from raising prices, for a time at least, if they are allowed to merge. But some lawmakers and consumer groups appeared dubious.
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What do you think, folks at home? The Federal Communications Commission is seeking public comment on whether it should uphold a 1997 decision that bars satellite radio rivals Sirius and XM from merging.â¦
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By Paul Davidson  To win approval of their blockbuster merger, the nation's two satellite radio companies would accept government-mandated conditions guaranteeing consumers lower prices and more channels, the head of Sirius Satellite Radio told lawmakers Wednesday.
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Sirius and XM committed to offer a la carte programming options, hoping to curry favor with regulators as its proposed $13 billion merger comes under increasing scrutiny.
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XM and Sirius are winning support for their once-controversial merger.