Grocery Monopolies Being Touted As a Sign of Capitalism's Success?
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Maybe It's Just Me...
...But is Exxon/Mobil sponsoring the Democratic and Republican conventions on three major media outlets a good thing?
Do Not Pass Go; Do Not Collect $200.00...
Despite protests, the only two satellite radio companies in existence are merging . Like MSN's Kim Peterson , I'm a wee bit skeptical: The first thing I thought after seeing the news was that the price of satellite radio will go up . But the DOJ sees it differently. The merged company won't be able to raise prices, according to the DOJ, because doing so would send customers into the arms of traditional radio, HD radio, iPods and the audio content available on cell phones. OK, I could maybe buy that. The iPod might look an awful lot better to people if their satellite radio bill increases. But the next part of the DOJ's news release is downright silly. XM and Sirius are going to save a "substantial" amount money by merging, the DOJ said, and those savings could be passed on to consumers in the form of lower prices. Uh-huh. OK. Sure. Yet in the same paragraph, the DOJ said it wasn't possible to estimate how much money would be saved because XM and Sirius wou...