Traditional broadcasters argued before the Federal Trade Commission that a merger between Sirius Satellite Radio and XM Satellite Radio would result in
A) a monopoly of the radio broadcasting industry.
B) 100% control of the satellite radio industry by the combined firms.
C) the traditional radio broadcasting industry being rendered unprofitable.
D) the complete destruction of the business model employed by land-based radio broadcasters.

Question

Quizplus · Accepted Answer

The merger between Sirius Satellite Radio and XM Satellite Radio would result in the combined entity having complete control over the satellite radio industry, as they were the only two major players in that market.

Traditional Broadcasters Argued Before the Federal Trade Commission That a Merger