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Old Apr 18, 2008, 12:45 am
  #74  
Klm is Dead - Long Live KLM
 
Join Date: Jun 2005
Posts: 8,527
Originally Posted by MikeMpls
A monopoly by itself is not illegal. What matters is how you get there.
And the absolute easiest way to get there is with the blessing and approval of the current Justice Department.

http://www.nytimes.com/2008/03/25/business/25radio.html

The Justice Department gave approval on Monday, March 24 to the merger of two rival radio networks, XM and Sirius, a marriage that would create a de facto monopoly in satellite services now used by more than 17 million subscribers.

...both XM and Sirius had described as crucial to their financial stability, if not their survival.

“The B*s* administration has apparently never seen a telecommunications merger it didn’t like", said ... who leads the House Energy subcommittee on telecommunications.

Gene Kimmelman, a spokesman for Consumers Union, the nonprofit organization that publishes Consumer Reports magazine, criticized the decision. “If this is what our competition cops do,” he said, “we might as well close shop and save taxpayers a few hundred million dollars because they’re not doing their jobs.”

---> Why would they care about one airline buying another smallish airline?
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