An Interview With Vinton Cerf: Father Knows Best
I'm not sure how I feel about this one. Wogically, I know that competition is a good thing for consumers, and monopolies are generally only good for companies. Still, something in my gut tells me that a merger between these two companies would benefit the consumer. I don't like having to choose a car based on which satellite radio service comes preinstalled, or considering whether I'd rather have Howard Stern or Oprah, because there is no practical way to get both. Frankly, it's probably all this exclusivity that has caused me not to purchase either system."Federal Communications Commission Chairman Kevin Martin told reporters after an FCC meeting that the Commission would not approve a merger between satellite radio rivals Sirius and XM Radio.
Even if the FCC were to have a change of heart and green-light a merger between Sirius and XM Radio, it would still have to pass antitrust scrutiny by the Department of Justice. Although a combination of the two radio companies wouldn't have the same effect that it would in the TV market, where satellite is the only alternative for some US residents, it would still have the effect of eliminating competition — something that rarely benefits consumers.
A while back, I posted that the choice is 50-50 to either keep the original prize door, or swap with the unopened door, and *nobody* bothered to jump in.
The correct choice is to always switch. The real problem is that when people try to explain their solution, they make it overly complex (or they used it as an intro to push their particular brand of "enlighenment"). A simple "truth table" suffices.
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