WASHINGTON, DC – NAB issued the following statement in response to a Thomas Hazlett study commissioned by XM and Sirius Satellite Radio endorsing a monopoly merger. The following statement can be attributed to NAB Executive Vice President Dennis Wharton:
"This report defies logic. The study's contention that consumers would benefit from a monopoly merger of the only two satellite radio services is laughable, as evidenced by the fact that Consumers Union and the Consumer Federation of America are opposing the merger."
About NAB
The National Association of Broadcasters is a trade association that advocates on behalf of more than 8,300 free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the Courts. Information about NAB can be found at www.nab.org.
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