 |
|
| technology > computing |
![[CNN Money]](http://i.cnn.net/cnn/images/main/fn.logo.newsnet.gif){kind=logo}
![[SI.com]](http://i.cnn.net/cnn/images/main/si.logo.gif){kind=logo}
( | |
 |
|
| |
| |
EDITIONS: | |
MULTIMEDIA: | |
E-MAIL: |
Subscribe to one of our news e-mail lists. Enter your address: |
DISCUSSION: |
CNN WEB SITES: |
 |
TIME INC. SITES: |
CNN NETWORKS: |
|
SITE INFO: |
WEB SERVICES: |
FTC delays AOL-Time Warner decision
|
(IDG) -- The Federal Trade Commission Thursday decided to delay by up to three weeks its decision on the proposed merger between media giant Time Warner and AOL.
"The parties have committed in the last 24 hours to offer new proposals to address competitive issues in connection with the proposed merger," the FTC said in a statement issued Thursday.
The agency voted by five votes to zero to delay the action. This isn't the first time a decision has been delayed; several deadlines for deciding the matter have passed without resolution.
| MORE COMPUTING INTELLIGENCE |
IDG.net home page
|
| Network World Fusion home page |
| AOL/Time Warner: What's at stake |
| Best things online may not be free for long |
| IDG.net's networking page |
| Reviews & in-depth info at IDG.net |
| E-BusinessWorld |
AOL and Time Warner announced plans in January for a stock-swap merger valued at the time at $350 billion. The combined company, to be called AOL Time Warner, would have revenue of about $40 billion and a global subscriber base of more than 100 million. Time Warner is the parent company of CNN.com.
The companies have been embroiled in heated debate with the FTC for several weeks over the proposed marriage. In September, the agency said it is concerned that the merger could harm competition in the market for Internet access. The FTC reportedly wants to ensure that the post-merger giant will open access to its high-speed cable lines to competing Internet access providers.
RELATED STORIES:
AOL asks appeals court to make 'forward-looking remedy'
November 3, 2000
AOL, Time-Warner urge FCC to leave AT&T out of debate
October 12, 2000
EU ponders Time Warner-EMI merger
September 21, 2000
Sunday Telegraph: Time Warner and EMI set for music mega-merger
January 22, 2000
Welcome! Why You've Now Got AOL Time Warner
January 20, 2000
RELATED IDG.net STORIES:
At-Home, MSN clash on your desktop
(PC World)
Best things online may not be free for long
(PC World)
Dot-com bargains mean mergers ahead
(InfoWorld)
The path to partnership
(InfoWorld)
AT&T prefers to sell Time Warner stake
(InfoWorld)
AOL/Time Warner: What's at stake
(The Industry Standard)
RELATED SITES:
America Online
Time Warner
Note: Pages will open in a new browser windowExternal sites are not endorsed by CNN Interactive.