Kevin J. Martin, the chairman of the Federal Communications Commission, has privately questioned recent Congressional testimony by the architect of a proposed merger of the nation’s two satellite radio companies that subscribers would both pay the same monthly rate and receive significantly more programming…. The $13 billion proposed deal cannot be completed without the permission of antitrust lawyers at the Justice Department and a majority of the five commissioners at the F.C.C. (New York Times, Wednesday)
What's objectionable is that government permission is required.
FEE Timely Classic
Breaking Up Antitrust by Edward J. Lopez