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Violation Tracker Individual Record

Company: Sirius XM Radio Inc.
Current Parent Company: Liberty Media
Penalty: $180,000,000
Year: 2011
Date: August 25, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Sirius XM agreed to pay $180 million to settle litigation alleging that the merger creating the company resulted in a monopoly for satellite radio services that Sirius used to increase prices in an anti-competitive way.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:09cv10035
Case Name: Blessing v. Sirius XM Radio Inc.
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Colorado
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: media
Specific Industry of Current Parent: media
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.