The FCC International Bureau granted Liberty Media de jure control...
The FCC International Bureau granted Liberty Media de jure control of Sirius XM. The bureau said in an order (http://xrl.us/bn83o9) the general benefits likely to result from the transfer “provide a sufficient basis to conclude that the transaction will serve…
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the public interest.” The bureau concluded that the opposing comments of former Sirius shareholder Alexander Bergmann (http://xrl.us/bn83qr) don’t warrant further action, it said. Bergmann’s filings “do not contain specific allegations of fact sufficient to show that a grant of the application would be prima facie inconsistent with the public interest,” it said. The bureau said it didn’t receive any other comments in docket 12-282. Liberty Media doesn’t currently provide any media distribution services that directly compete with the satellite services offered by Sirius, it said: The proposed transfer of de jure control “does not present any horizontal competition issues.” Liberty said it plans to own more than 50 percent of Sirius shares within 60 days of commission consent (CD Aug 21 p16). Liberty and Sirius had no further comment.