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Ayn Rand Institute Press Release

Preventing Mergers Destroys Competition

February 28, 2007

Irvine, CA–Opponents of a planned merger between XM Satellite Radio Inc. and Sirius Satellite Radio Inc. are asking the government to block the merger in order to "preserve competition" in satellite radio.
But, said Alex Epstein, junior fellow of the Ayn Rand Institute, "The opposition to this merger is irrational. There is no way a voluntary merger can be a threat to genuine competition."

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