by Mike Masnick
Wed, Aug 6th 2008 7:39pm
You may remember back in 2001 that EchoStar, then owners of the DISH Network, tried to buy DirecTV from then owner Hughes (who was owned by GM at the time). However, after the Justice Department said no to the deal over antitrust concerns, it fell apart. However, the rumors going around are that the two companies (now just DISH Network and DirecTV, sans various parent companies) are thinking about trying again. Apparently, they believe that the regulatory and competitive environment that doomed round 1 wouldn't happen in round 2. And, of course, this time around, they can point to the fact that the two satellite radio systems, XM and Sirius, were allowed to merge (even if it took a year and a half).
If you liked this post, you may also be interested in...
- Accidentally Revealed FTC Document Details Some Questionable Google Practices, But Not The Ones Most People Focused On
- Despite Throwing Money At Congress, Comcast Finds Merger Support Hard To Come By
- How Corporate Sovereignty Provisions Could Undermine Anti-Trust Actions
- AT&T's Cozy NSA Ties Brought Up In Attempt To Scuttle DirecTV Merger
- Dish Pulls CNN, Doesn't Think Customers Still Paying For It Are Missing Much