The FCC Enforcement Bureau adopted a consent decree with Sirius...
The FCC Enforcement Bureau adopted a consent decree with Sirius XM, in which the satellite radio provider agreed to pay $240,000 to resolve an agency investigation into the company’s compliance with conditions placed on Sirius when it bought XM, the…
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bureau said in an order released late Tuesday. In the 2008 order approving the deal, the commission approved Sirius’s voluntary commitment to implement price caps on certain subscription packages for three years after consummation of the merger, the Media Bureau said last year in a memorandum opinion and order (http://xrl.us/bnfcpx). Subscription rates were capped at $12.95 (CD Jan 24/11 p 15). The Enforcement Bureau decided to terminate the investigation “after reviewing the terms of the consent decree and evaluating the facts before us,” it said. It’s good that the commission is enforcing the condition, said Parul Desai, Consumers Union policy counsel. “But the unfortunate part is that consumers still ended up paying higher prices when they weren’t supposed to.” Sirius XM didn’t comment.