As a diversified audio entertainment company that differentiates itself through the depth and breadth of its content and technology, SiriusXM believes strongly that the audio entertainment market – across music, podcasts, and varied streaming models – benefits from a robust and competitive marketplace. Consumers and creators alike benefit from an environment that sustains and encourages a wide variety of entrants of all sizes and business models and allows them to fairly compete for consumers based on the quality of their product and content. As policymakers evaluate the current competitive landscape, they should ensure that any reforms addressing competition in the tech community are carefully calibrated to address, preserve and enhance competition, while avoiding attempts to entrench anti-competitive behaviors by the platforms that necessitated reforms in the first place.