The FCC has approved another protective order for documents submitted by the satellite radio companies in their bid to merge.
The point is to make sure “highly confidential and competitively sensitive documents” are protected, the commission said in its decision.
The agency recently asked XM and Sirius to submit more detailed technical and financial information related to the merger; both companies said some of what was requested is their most sensitive business data. Releasing that information publicly could place them at a “significant competitive disadvantage,” the satcasters argued.
The commission said it would grant limited access to information deemed “highly confidential” by satellite radio attorneys and their employees and consultants.
The involved documents will be returned or destroyed when the proceeding is over.