Arkathan
Emperor Mongoose
A transponder wants people local to it (weapons range) to know what level of threat they do not present. Distant range is mostly irrelevant to a transponder.A transponder gives a plus six to detection. I’m willing to grant an emergency beacon the same effect. Unlimited detection? No.
An emergency beacon wants people to hear it. It is made to scream for help.
The only case in which an emergency beacon would be as quiet as a transponder is if it was trying to conserve power, because it has been screaming for a long while.
Only the people who want to hear a Voyager probe are going to look for that signal. One on the emergency frequency or with an emergency prefix is going to be pushed into anyone's face.
So, Oort cloud, maybe not. Near Kuiper Belt, It will be annoying anyone with a space craft built to any interstellar standard.
An independent non-interstellar world or barely interplanetary: that is where you start having trouble.
Edit: Naturally Plot McGuffins will nerf detectability.