Has the FCC Gone Communist?
It’s bad enough that the FCC is against free speech and the First Amendment. Now it’s against capitalism. Get a load of commissioner Jonathan Adelstein’s ridiculous conditions on the long, long, long overdue Siriux-XM merger:
He told the companies that they would have to agree to cap prices for their service for six years after the merger, set aside one-quarter of their radio spectrum for noncommercial and minority programming and equip satellite receivers with high-definition over-the-air radio signals to ensure that traditional radio will be able to compete with the monopoly.
Disclosures: I’m a Sirius stockholder, a Sirius customer, and a Howard Stern fan and speaking as one customer, this merger is good for me. I don’t need you to protect me, sir.
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This article has 75 comments:
- real sirius xm investor
- 8 Comments
Jul 20 02:39 AMbulleye!
I agree with you 100%, as I believe 95+% of us Sirius subscribers (and I am two, as I have two subscriptions) agree with you...
- Kentucky / John
- 12 Comments
Jul 20 03:25 AM- fpc
- 9 Comments
Jul 20 06:08 AMfcc commissioners' conditions for the approval of the siri-xm merger are excessive. they are discouraging entrepreneurship.
to fcc commissioners - regulate, not destroy.
- no business establishments, no consumers.
- Satellite Subscriber
- 1 Comment
Jul 20 06:29 AM- barryb1248
- 1 Comment
Jul 20 06:33 AMContributerTotal
DLA Piper $100,950
AT&T Inc $92,600
Time Warner $76,000
Mintz, Levin et al $67,050
Viacom Inc $66,350
News Corp $57,500
Cassidy & Assoc/Interpublic Group $57,000
Walt Disney Co $50,850
Akin, Gump et al $50,250
Comcast Corp $49,500
Feeley & Driscoll $46,500
Sprint Nextel $43,750
Covington & Burling $42,450
Qualcomm Inc $42,204
General Electric $42,000
Cassidy & Assoc $37,300
GTCR Golder Rauner $36,800
Paloma Partners $36,500
Raytheon Co $35,600
National Assn of Broadcasters $33,300
It's such a shame that an official of our government could be allowed to try and destroy a business while getting paid off by opposing business. How does anyone live with themselves while knowingly committing acts against the citizens he's sworn to work for.
Shame on you Jonathan Adelstein.
- Beck-o-la
- 7 Comments
Jul 20 06:53 AM- Edster
- 53 Comments
Jul 20 07:54 AM- tastensmell
- 3 Comments
Jul 20 07:55 AM- Indian Joe
- 8 Comments
Jul 20 07:55 AM- Worst Stockpicker Ever
- 1 Comment
Jul 20 08:41 AM- novelator
- 1 Comment
My Website
Jul 20 08:52 AMNah, who am I kidding? The entire system is so corrupt now there's no saving it.
- ctman
- 1 Comment
Jul 20 08:59 AM- experiencedmentor
- 3 Comments
Jul 20 09:15 AM- WeThePeople
- 14 Comments
Jul 20 10:07 AM- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 10:10 AMFOR THE RECORD DOES ANYONE KNOW IF OBAMA OR MCCAIN SUPPORT THE SIRIUS / XM MERGER?
EXPECT ANOTHER POP IN PRICE MONDAY AS THE MERGER GETS CLOSER TO BEING APPROVED. MY GUESS THIS WEEK IT'S A DONE DEAL AT $4.00-$4.60 ON THE MERGER NEWS.
GREAT TO THE POINT ARTICLE JEFF!!!!
- mogrifier
- 2 Comments
Jul 20 10:24 AMI wonder, will Adelstein and Markey and Tate impose a 6 year cap on HD radio fees (yes, HD radio can be subscriber only- it's called conditional access)? Going head to head with a paid service is the next step of the broadcasters and HD radio.
- notsosmart
- 884 Comments
My Website
Jul 20 10:28 AM- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 10:30 AMChairman Martin's Contact Information
Room: 8-B201 • Phone: 202.418.1000 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
Commissioner Copps' Contact Information
Room: 8-B115 • Phone: 202.418.2000 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
Commissioner Adelstein's Contact Information
Room: 8-A302 • Phone: 202.418.2300 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
Commissioner Tate's Contact Information
Room: 8-A204 • Phone: 202.418.2500 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
Commissioner McDowell's Contact Information
Room: 8-C302 • Phone: 202.418.2200 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 10:34 AM- User 225305
- 67 Comments
Jul 20 10:46 AM- petolen
- 1 Comment
Jul 20 11:37 AM- launiuss
- 14 Comments
Jul 20 12:17 PMthis should be our new preamble.or better yet instead of U.S.A. maybe it should be
L.O.T.A.D.
LAND OF THE ALMIGHT DOLLAR.
- fireball
- 271 Comments
Jul 20 12:39 PM- Rawbhurt
- 29 Comments
Jul 20 12:55 PMIs proposal speaks for it's self.
- valuestocksonly
- 32 Comments
My Website
Jul 20 01:01 PM- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 01:13 PMRoom: 8-A302 • Phone: 202.418.2300 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
Commissioner Tate's Contact Information
Room: 8-A204 • Phone: 202.418.2500 • E-mail
Federal Communications Commission
445 12th Street SW
Washington, DC 20554
More FCC Contact Information...
Phone: 1-888-CALL-FCC (1-888-225-5322)
TTY: 1-888-TELL-FCC (1-888-835-5322)
Fax: 1-866-418-0232
E-mail: fccinfo@fcc.gov
- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 01:22 PMFORCE TATE IN APPROVING THIS MERGER THIS WEEK!!!
- Joe flint
- 1 Comment
Jul 20 01:42 PM- enough is enough
- 1 Comment
Jul 20 02:01 PMADELSTEIN HAS NO RIGHT TO ASK FOR SUCH HEAVY CONCESSIONS FROM BOTH SATRAD SUBSCRIBERS AND THEIR AILING STOCKHOLDERS. HOLDING THESE TWO SMALL "MADE IN THE USA" COMPANIES AT BAY FOR ALMOST 500 AGONIZING DAYS WHILE SCORES OF COMPETITION (MUCH OF IT FOREIGN) HAVE BROUGHT NEW TECHNOLOGIES TO MARKET IS A TRAVESTY IN ITSELF ! IT DEFINITELY FORTIFIES THE CLARITY OF THE DOJ’S DECISION. THE FCC MUST CONCUR!
PRICE FREEZING FOR SIX YRS IN THIS (OR ANY) ECONOMY IS SUICIDE THAT IS RECOGNIZIBLE BY EVEN THE DUMBEST OF US. MY GOVERNMENT CAN'T EVEN MAINTAIN THE PRICE OF A SIMPLE POSTAGE STAMP YET YOU ASK ME TO ALLOW YOU TO FURTHER RISK AND IMPEDE THE SUCCESS OF MY INVESTMENTS AND CONSEQEUNTLY MY PERSONAL LISTENING PLEASURE AS WELL. THIS IS NO LONGER ACCEPTABLE UNDER ANY CONDITIONS SIRS !!!
FURTHERMORE, EXTRACTING ANY REFERENCE FROM THE LONG DEFUNCT ECOSTAR MERGER, BESIDES INSULTING, HAS CLEARLY NO CORRELATION TO THE ISSUES OR BENCHMARKS AT HAND. IT STRONGLY ADS, HOWEVER, LUCIDITY TO THE FEEBLE SMOKESCREEN WHICH ACTUALLY REVEALS ADELSTEIN'S CONCRETE ALLEGIANCE WITH MARKEY, NAB, GEORGETOWN AND THE LAW SCHOOL KIDS. IT IS MORE OBVIOUS THAN EVER THAT THAT GROUP, AS A WHOLE , ARE SCRAMBLING IN DESPERATION, FEAR AND COLLUSION TO DEBILITATE THEIR WORTHY SATRAD OPPONENT AT ALL COSTS. ADELSTIEN’S OWN WORDS OVBIATES THIS POINT BY HIS REDICULOUS DEMANDS WHICH PARALLELS THE OPPOSITION DAMN NEAR LINE FOR LINE !!! THIS IS NOTHING SHORT OF CRIMINAL. POLITICALLY CRIMINAL !!!
WHAT IS EVEN MORE CRIMINAL, SIRS, IS THE TRUE STRANGLEHOLD THAT THE NAB AND, OBVIOUSLY, ANY NEW UNESTABLISHED FLY- BY-NIGHT SPECIAL INTEREST MILLIONAIRES CLUBS HAS ON YOUR FOCUS. YOUR FOCUS MUST RETURN TO ME AND MY FAMILY, THE AMERICAN CONSUMER!! WE ARE PEOPLE YOU ARE SWORN TO SERVE!! IT IS ALSO CRYSTAL CLEAR THAT THIS HAS BEEN THE STATUS QUO FOR SOME TIME. THIS OPPORTUNISTIC TRAVESTY MUST END IMMEDIATELY !!!
COMMISSIONERS, YOU MUST TAKE ADVANTAGE OF THIS CRITICAL OPPORTUNITY TO RID YOURSELVES OF THE NAB GORILLA AND ITS FLYS THAT HAVE PLAGUED AND CONTROLLED YOU FOR YEARS. THE AMERICAN PUBLIC HAS ALREADY SPOKEN!! YOU MUST LISTEN TO US !!! 20,000,000 SUBSCRIBERS PLUS COUNTLESS OTHERS CAN’T BE IGNORED !!! NEW SUSCRIBERS AT THE CONSISTENT RATE OF 4-5000 PER DAY 24/7 ARE EVIDENCE ENOUGH TO HELP YOU MAKE THIS DECISION TODAY!
DEAR COMMISSIONERS- STOP HELPING ME!!! LET ME DECIDE WETHER OR NOT THIS LUXURY ITEM IS A VALUABLE SERVICE. QUIT, IMMEDIATELY, THIS CIRCUS PARADE OF SPECIAL INTEREST GROUPS WHOSE VIEWS AND NEEDS DO NOT REPRESENT ME !!! STOP, STOP, STOP BANKRUPTING MY INVESTMENTS AND MY DREAMS!! THEY ARE NOT , I REPEAT NOT, YOUR PROPERTY !!! YOU HAVE NO RIGHT TO ANY OF IT WITHOUT MY PERMISSION, WHICH YOU DO NOT HAVE!!!!! QUIT GIVING AWAY WHAT DOES NOT BELONG TO YOU!
COMMISSIONER TATE, YOU MUST COUNTER TODAY WITH THE VOICE OF PRUDENCE, COMPROMISE AND REASON. I INSIST THAT YOUR FOCUS RETUN TO ME, THE AMERICAN CONSUMER AND INVESTOR !!! YOU MUST NOT SHRINK FROM YOUR RESPONSIBILITY TO ME!
ENOUGH IS ENOUGH !!! APPROVE HIS MERGER WITH REASONABLE TERMS SO WE ALL CAN WIN
- fireball
- 271 Comments
Jul 20 02:02 PM- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 02:30 PMTHE STOCK IS STARTING TO POP BACK UP WHICH IS GOOD. THE STREET KNOWS IT'S A DONE DEAL AND IF PEOPLE DONT WANTTO HAVE SO BE IT NOBODY IS FORCING THEM TO HAVE IT OR KEEP IT.
ADELSTEIN, OR BETTER YET WE CALL HIM "IDLESTEIN" GOT HIS HANDS IN OUT POCKETS. LETS SHOUT DOWN "IDLESTEIN" ON BEING IDLE ON THIS MERGER FOR SO LONG. WHAT "IDLESTEIN SAID LAST WEEK HE COULD HAVE SAID A YEAR AND HALF AGO.
MARTIN HAS LOST CONTROL AND DROPPED THE BALL A LONG TIME AGAIN. THE FCC SHOULD HAVE NO SAY ON ANTI TRUST ISSUES IT IS BETTER LEFT WITH THE DOJ. HANG ONE THIS WILL BE DONE REAL SOON. $4.00-$4.60 ON THE MERGER BREAK OUT.
- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 02:38 PM- launiuss
- 14 Comments
Jul 20 02:41 PMyou sound more interested in the merger for yourself in stock holdings.this is about the almighty dollar.but not yours.this is about people on the take.you give me a little and i will do what i can for you.bottom line.
give me a little extra and i will try a little harder.
- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 02:49 PM- gekko13
- 32 Comments
Jul 20 02:50 PM- launiuss
- 14 Comments
Jul 20 03:02 PMi am a share holder,way before stern was announced.i do believe it will go thru.but the article was based on the almighty dollar so to speak.if the people should ever get tired of what OUR GOVERNMENT IS DOING,we need to find a way to make them accountable.
does your name have to do with law enforcement?
if it does thank you for doing that horrific job.
- muley101
- 186 Comments
Jul 20 03:03 PMStan Muse - (I) Georgia
- xmichaelx
- 6 Comments
Jul 20 03:35 PMOn a slightly different note: while I realize that regulation is generally a bad thing, deregulation of terrestrial radio is what rendered it unlistenable, and created the NEED for satellite radio. Imagine if the merger is allowed and ClearChannel someday buys the resulting company -- radio would be uttely dead (again).
Perhaps the FCC realizes how its idiocy destroyed radio, and hopes to prevent another catastrophe.
Nah - it's about the money.
- PROTECT AND SERVE 0310
- 47 Comments
Jul 20 04:32 PM- Hank s.
- 2 Comments
Jul 20 04:33 PM- Hank s.
- 2 Comments
Jul 20 04:36 PM- Vapor
- 1 Comment
Jul 20 06:29 PMI just cannot believe any federal judge would deny the injunction.If he/she did we might as well turn off the lights
Vapor
- MSF
- 179 Comments
My Website
Jul 20 07:41 PM- launiuss
- 14 Comments
Jul 20 08:02 PMwhat the big problem is if either one went belly up before they merged,the one left would be out soon and here is why.
someone with money would come in and buy the one out of bk.then they would have no debt so to speak.where would that leave the other one?to file also.that would leave us out in the cold.
- muley101
- 186 Comments
Jul 20 08:23 PM- oregonduck
- 93 Comments
Jul 20 08:50 PMAdelstein is talking from Georgetown partners talking points. Directly. He knows that there are 3 yes votes. He is trying to extract conditions. Sirius knew that they would have to give up something and they will give up 50 channels and 4 years of price freezes. Big deal. They will gain that many subscibers who will be willing to sign 4 year contracts for fixed prices over that term. How many of those customers will know that those were legally required? They can market it that way. A la cart will not be included in the fixed price deal. Also, I can see porn channels coming out in a la cart that could be charged at premium rates. (yes....porn.) If cable can do it, why cant radio?? They could charge 40 bucks a month for 5 porn channels.
- Seamless82
- 5 Comments
Jul 20 08:56 PMI wish the universities had done a better job teaching communism. At least I'd have a better framework for investing. Maybe Georgetown partners should write a textbook and the FCC should publish it. Now there's an idea.
"How to destroy the wealth of nations".
Sirius and XM shareholders have put up a ton of risk capital, as I learned it in college. It would be a shame, and go against everything free-market, to allow this agency to legislate control over the proprietary networks established by Sirius-XM.
This article was extreme. But, sadly, the author is dead on! And it is why I hope the shareholders of Sirius-XM file for a class action lawsuit when this is all said and done, in the true american spirit!
- Ross P
- 1 Comment
Jul 20 09:08 PMThe FCC commisioners are seriously abusing their power for not taking a decision on XM-Sirius deal for a record many months in hostory. They are also heeding to the advice of the regular radio lobbies instead being neutral while tking merger decisions.
It is a clear case of abusing the power these FCC commisoners are wielding.
- altri
- 6 Comments
Jul 20 09:51 PM- User 229366
- 1 Comment
Jul 20 10:13 PM- BoutiqueMusic
- 2 Comments
My Website
Jul 20 10:15 PMI listen to Sirius because terrestrial radio is awful. The programming and content is not entertaining. So based on that assesment, satellite is not even competing with them
- Served Country for 26 yrs
- 17 Comments
Jul 20 10:39 PMFCC COMMISSIONERS - KEVIN MARTIN AND McDOWELL GET AN ASTERISK FOR MARTIN’S RECCOMMENDATION AND McDOWELL SUPPORT. MR MARTIN’S RECOMMENDATION’S WERE PRACTICAL AND FAIR.
Perhaps all you commissioners should be viewing the blogs on this merger. The overwhelming majority believe that the FCC is handling the on goings very badly.
Now for the language that is needed to actually explain the FCC’s action on this matter.
YOU FOLKS ARE UNREALISTIC JACKASSES AND SHOULD BE REMOVED FROM YOU POSITIONS IMMEDIATELY.
HOW THE FUCK CAN YOUR CONDTIONS BE VIEWED OTHER THAN WITH TRUE DISBELIEF. MR. ADELSTEIN NEEDS A LABOTOMY FOR OUTLINING SUCH OFF THE WALL CONDITIONS. THE MAN IS MERLY NOTHING MORE THAN A FUCKING PUPPET OF CONGRESSMAN MARKEY. IT TOOK HIM NEARLY 500 DAYS TO PUT FORTH SOMEONE ELSES IDEAS. IT MUST HAVE TAKEN HIM ALMLOST THE SAME AMOUNT OF DAYS TO DISLODGE HIS HEAD FROM MR. MARKEY’S ASS. I AM AMAZED THAT THE FCC CAN JUSTIFY THEIR ACTIONS. IT APPEARS THEY ALL MORE INTEREST IN SERVING THEIR OWN POLITICAL INTERESTS THAN THE PEOPLES.
THE BANKING COMMISSION, THE CONGRESS, THE FEDERAL RESERVE, THE SEC, THE LEGAL SYSTEM, THE FCC, POLITICIANS IN GENERAL ARE PLACING A BIG HURT ON OUR ECONOMY. IT’S OBVIOUS THAT THEY DO NOT HAVE THE APPROPRIATE REGULATIONS IN PLACE AND SECONDLY DO NOT ENTIRELY ENFORCE THE ONES THEY HAVE, AND THIRDLY ARE NOT EQUIPPED TO READILY CHANGE THE ONES THAT AREN’T IN STEP WITH THE CHANGING TIMES(FCC), AND LASTLY HAVE SHOWN A PROPENSITY IN ALLOWING LOBBYIST TO DIRECT AND CONTROL THEIR THOUGHT PROCESSES. ALL OF THESES CLAIMS CAN BE SUPPORTED WITH ACCURATE FACTS. LET ME GENERALLY CITE SOME THAT WILL COVER ALL THAT I HAVE JUST MENTIONED. 1. SEC (naked trading is illegally and not enforced at all - HAS destroyed companies that should not have been) 2. Senator Chuck Schumer(publically noting that bank INDYMAC was about to go belly up which caused a run on this particular bank - this is illegal practice and he should be sued by the investors. But as some of us aware of politicians have immunity on things that they say and publish. - he should be immediately removed from his office especially since their might have been some foul play involved. 3. cONGRESS(SPENDING MORE TIME ON THE POLICING OF STEROID USE IN MLB THAN ON WHETHER WE SHOULD HAVE GONE TO WAR, THE DRAFTING OF THE PATRIOT ACT, OUR PREPOSTURIST ELECTION PRACTICES – DO I NEED TO SAY MORE ABOUT THEIR PROESS?). 4. FEDERAL RESERVE (TRYING TO CONVINCE THE PEOPLE THAT THE HANDLING OF THE PRIME Rate is the panacea of fixes - SHAME on them for all their bullshit throughout the years. 5. legal system(judge burns not giving the maximum penality to convicted congressman randy “duke” cunningham, who indirectly was resonsible for the deaths and laming of our military personnel. - it was justified by stating it was the harshes sentencing for a person of his position to date. - i guess that is ok. - it’s like saying that our country is the best of the bad in the world, so accept their wrong DOINGS; it could be worst somewhere else. - i myself cannot equate the two. - perhaps if we handling issues more prudently, we would not have this lame comebacker.
LASTLY THE FCC. IT’S TOO MUCH TO EVEN BEGIN TO LIST, I SUGGEST READ THE PLETHORA OF BLOGS THAT HAVE BEEN POSTED AT AN ALARMING RATE. HOWEVER I WILL INCLUDE A SHORT CLIP FROM THE MOST RECENT ONES POSTED TODAY BY JEFF JARVIS(A COLUMIST OF “SEEKING ALPHA”). IT HAS TO DO WITH MR. ADELSTEIN’S LATEST BRAIN FART. WE ALL OF HEARD THAT STINGING CLAIM - “YOU HAVE SHIT FOR BRAINS”. WELL IT APPEARS ADELSTEIN ACTIONS SUPPORT THIS CLAIM.
It’s bad enough that the FCC is against free speech and the First Amendment. Now it’s against capitalism. Get a load of Commissioner Jonathan Adelstein’s ridiculous conditions on the long, long, long overdue Sirius-XM merger:
He told the companies that they would have to agree to cap prices for their service for six years after the merger, set aside one-quarter of their radio spectrum for noncommercial and minority programming and equip satellite receivers with high-definition over-the-air radio signals to ensure that traditional radio will be able to compete with the monopoly.
Disclosures: I’m a Sirius stockholder, a Sirius customer, and a Howard Stern fan and speaking as one customer, this merger is good for me. I don’t need you to protect me, sir.
- brazen
- 4 Comments
Jul 21 12:00 AMLet me tell you what would happen if a communist government was making a decision on this merger. They would dissolve both companies in addition to terrestrial radio to create a government controlled radio entity, consisting of only government sanctioned and run radio programming.
What we have here is not communism - it is in fact quite the opposite. I think its more like capitalism to its extreme, where money and political power go hand in hand, and companies/industries dictate the political process.
Get a clue.
- Mathman Prophecy
- 18 Comments
Jul 21 12:51 AMAt the point government controls private enterprises, it's communism. Listing degrees of government control is simply splitting hairs.
While I have no problems with 'monopolies', because I think the market will mediate them eventually -- like Microsoft, for instance, which had vast control for many software applications like Internet Explorer, and Windows, has begun to lose significant market share to other offerings with no goverment assistance to those alternatives.
Nevertheless, I have cannot understand how Siri/XM can be called a monopoly. First of all, there was a time when SIRI did not exist, and XM was the SOLE PROVIDER of Satellite Radio! Was there any talk of a monopoly back then?
I'm a Sirius subscriber, and I do not own the stock. The reason I got Sirius was because I hated listening to the public radio stations that played the same songs, which were constantly interrupted by commercials. I chose to Pay for satellite radio to replace terrestrial radio. REPLACE is the key word.
Before that, there were no options. Terrestrial Radio was the monopoly!!!
Under the guise of consumer interest, the NAB is trying to protect its interests in the name of capitalism , and the illusory claims of a monopoly. But the stark truth is that the NAB is simply reacting to its loss of monopolistic control over the radio waves and is using the FCC in its fight to sustain its own monopoly!