S.O.

Cramer Positive on Sirus/XM Merger: Indicator of Actual Outcome?

When I hear the word monopoly, Clearchannell comes to mind, not Sirius/XM. This should have been the most quickly approved merger in history, not the longest. It's very simple, DOJ & FCC; nobody needs to have satellite radio, nobody is forcing anyone to purchase the service, and never in history have there been more entertainment alternatives. The I-Pod, along with the internet has killed the recording industry. The government shows complete indifference to that situation, the affect being millions of dollars lost, people losing their jobs, and causing the premature end to an era; the ability to collect music in a collectable format that you can actually touch. Satellite radio competes with so many other music distribution systems that it will never have the negative impact that the I-Pod has. It isn't going to put anybody out of business and whoever thinks it would be a monopoly is a complete fool. This delay by the DOJ and FCC in coming to a decision is embarassing and disgraceful!