No, it's got nothing to do with a satellite vs. cable debate. I don't support government intervention in pretty much any case, but I have a problem with companies buying out their competition. In this case the only entity who really loses is the consumer, because cable companies don't rely on sports packages, MLB gets paid, and DirecTV gets another "exclusive attraction" to boost its business.
I still don't see why this merits senatorial involvment. So DirecTV finds an "exclusive attraction" to boost it's business. Wouldn't this then spur DishNetwork to find its own "exclusive attraction". Won't Time Warner then join the fray and find something IT can exclusively offer? As these companies go to war to offer the consumer the best "exclusive attractions" doesn't the customer end up winning?