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As more news surfaced concerning regulators nixing the proposed merger between EchoStar and DirecTV, EchoStar sent an urgent letter to Federal Communications Commission Chairman Michael Powell Monday asking that the agency consider additional matters before making a final decision on the pending combination.

In the letter, EchoStar's attorneys asked the FCC to conduct a hearing on the proposal and wait for the Justice Department's antitrust division decision on the deal before issuing its final determination. The letter also said the merging companies are coming up with a list of remedies for DOJ staff to consider in order to win approval for their combination.

The EchoStar letter said the company and Justice Department staff agreed to a new schedule for discussing the possibility of "major revisions" to the proposed transaction that will go beyond already-announced remedies, such as national pricing. With the new schedule, the companies will begin a process of preparing new structural remedy proposals that will be submitted to the Justice Department's antitrust staff prior to a scheduled Oct. 28 meeting with DOJ personnel, EchoStar said.

The letter didn't provide specifics on any revisions or remedy proposals for the merger proposal.

The company also wouldn't elaborate on possible remedies. However, "There are many important consumer benefits at stake so we are asking the FCC not to rush to judgment before the DOJ completes its review," said Marc Lumpkin, spokesman for EchoStar. "We continue to believe this transaction offers substantial benefits to consumers and we look forward to working with the government to gain approval, including having discussions of possible remedies."

As part of the renewed effort at the Justice Department, EchoStar CEO Charlie Ergen agreed to another deposition on the merger, though a date for that deposition hasn't been set by department staff, EchoStar's letter said.

Sources close to the merger action said Ergen and other EchoStar executives may make another appearance at the FCC, possibly today, to lobby for the merger. Despite continuing reports that the FCC is close to issuing its decision to oppose the merger, observers on both sides of the deal said the agency is still pondering parts of the decision.

From SkyReport (Used with Permission)
 

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Looks as though the FCC and DOJ have Charlie by the balls. He wants his merger and he is going to let them put so many regulations into the merger to get it. This is a good thing cause then Charlie will have to work at a fast pace to get all the locals up, the broadband interent started. So we benefit by this, if the FCC and DOJ aprove the merger.
 

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Originally posted by AJ2086
Looks as though the FCC and DOJ have Charlie by the balls. He wants his merger and he is going to let them put so many regulations into the merger to get it. This is a good thing cause then Charlie will have to work at a fast pace to get all the locals up, the broadband interent started. So we benefit by this, if the FCC and DOJ aprove the merger.
Can you name one merger where normal(I.E joe smoe) people actually benefited?
 
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