Because that’s what monopolies do
Posted by Greg on January 22, 2009
With the merger well underway, Sirius and XM Radio have announced price increases.
If you love your Sirius or XM satellite service, now is the time to re-up your subscription for another three years. The newly unified Sirius XM is charging $2 for additional subscriptions and adding another $2.99 fee for Internet radio.
It’s fair to note they have held the line on increased over the past few years and a nominal increase is fully reasonable. But would it occur in a competetive market? Probably not.
And is this really the time to be raising prices? I’ve already let my Sirius subscription expire for a while as a cost savings measure. I’m sure I’m not alone. I love the service, but when belt tightening, it’s something that I can live without.