House Antitrust Task Force To Hold Hearing on Sirius/XM Merger
Client Alert | 1 min read | 02.19.07
Following the announcement by Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.'s announcement on Monday, February 19, 2007 of its plans for a $13 billion "merger of equals," the U.S. House of Representatives' Judiciary Committee announced on February 21 that its newly formed Antitrust Task Force will hold a hearing next week on Wednesday, February 28, 2007 at 3:00 p.m. to investigate the potential anticompetitive effects of the proposed merger. Sirius and XM are currently the only two companies licensed to offer satellite radio to U.S. consumers, thereby raising antitrust concerns. The two satellite radio companies, however, have argued that satellite radio faces tremendous competition from all other types of music delivery services, including mp3 players, iPods, and, of course, terrestrial radio.
Insights
Client Alert | 4 min read | 09.20.24
Department of Commerce Unveils New Tool to Inform Supply Chain Risk Mitigation
The U.S. Department of Commerce unveiled a groundbreaking analytic risk assessment tool to inform the U.S. government’s efforts in mitigating supply chain risks. Launched at the inaugural Supply Chain Summit hosted by the Department of Commerce and the Council on Foreign Relations on September 10, 2024, the SCALE Tool marks a significant milestone in the U.S. government’s broader commitment to strengthening the U.S. supply chain ecosystem.
Client Alert | 3 min read | 09.13.24
Client Alert | 12 min read | 09.13.24
Tri-Agencies Finalize NQTL Comparative Analysis Standards in Final Rule
Client Alert | 5 min read | 09.11.24
