Kinds of competitors did the DOJ include in the market

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1- The Department of Justice concluded that satellite radio is not a market in and of itself while reviewing XM and Sirius merger. What other kinds of competitors did the DOJ include in the market? Discuss.

2- To whatever extent you find the paternalistic and externality arguments convincing, what types of responses might they justify? Consider, for example, educational TV. If the FCC believes that it would benefit society to have more children watching educational TV, is it sufficient response for the government to increase the amount of educational TV available, perhaps by offering more funding to PBS? Must the government do more, perhaps both funding PBS and restricting the simultaneous broadcast programs that children prefer?

Reference no: EM13837966

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