http://reason.com/blog/2008/03/24/fcc-approves-xm-sirius-merger

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FCC Approves XM-Sirius Merger

That's the good news.

The bad news is that two companies had to grovel before a government panel to get the merger approved in the first place.

My dissection of the National Association of Broadcasters' asinine opposition to the merger here.

CORRECTION:  It was the Justice Department that approved the merger, not the FCC.  The FCC will issue its own ruling later.

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