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Discussion Starter · #1 ·
In a stunning announcement yesterday, The Competition Bureau of Canada said that it does not intend to make an application to the Competition Tribunal to challenge the proposed acquisition of Sirius Canada by XM Canada under the merger provisions of the Competition Act.

According to the competition bureau of Canada, this merger will have little if no impact on competition.

And who did they speak to come to this conclusion? Sirius Canada, XM Canada and some retailers.

Did they talk to consumers?
 

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Discussion Starter · #3 ·
Ask all the folks that are seeing all their renewal rates going up.

The reality is that if you have two distributors of a product in Canada or two retailers of a product in Canada, the prices tend to be better than when there is only one distributor or one retailer.
 

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Discussion Starter · #6 ·
Then let one go belly up. Are we afraid that some shareholders might lose some cash? Sirius Canada was thriving and wasn't going belly up. XM Canada was crowing in their financial statements about the improvements they had been making.

The reason this merger was done was to make more money for shareholders. Money out of consumers pockets.

Competition is good. The competition bureau should know better.
 

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Discussion Starter · #11 ·
You obviously live in the city and don't drive much on long distance trips in non-urban areas where there is no cell/data or FM coverage. An iPod is not a receiver.
Totally agree.

In competition jargon, iPod and Internet radio are imperfect substitutes.


IMO, The competition bureau has rolled over and died on this one.

The competition bureau is supposed to represent the interests of consumers not producers

While I see tons of benefits for Sirius Canada, XM Canada etc, I see none for consumers.

Nowhere in the competition bureau's statement did they say how this merger would benefit consumers, only how it would benefit shareholders.
 
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