Department of Justice's Decision on Sirius-XM Deal First Step to More Diverse Programming

Department of Justice's Decision on Sirius-XM Deal First Step to More Diverse Programming

WASHINGTON, March 26 /PRNewswire-USNewswire/ -- This week the Department of Justice concluded its analysis of the antitrust implications of the Sirius-XM merger, rightfully concluding that the merger will not harm competition in the vast audio entertainment marketplace.

National Black Chamber of Commerce hails this decision as a monumental step in providing increased access to diverse programming. Throughout the approval process, NBCC has maintained precisely what the DOJ ultimately found: that there are "efficiencies likely to flow from the transaction that could benefit consumers." We look forward to the FCC approving this merger as swiftly as possible and without onerous merger conditions so that all merger efficiencies can be realized.

www.nationalbcc.org

First Call Analyst:
FCMN Contact:

Source: National Black Chamber of Commerce

CONTACT: Kay DeBow of National Black Chamber of Commerce,
+1-202-466-4908

Web Site: http://www.nationalbcc.org/

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Profile: International Entertainment