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fcclogo NEWS

Federal Communications Commission
445 12th Street, S.W.
Washington, D.C. 20554
News media information 202 / 418-0500
Fax-On-Demand 202 / 418-2830
Internet: http://www.fcc.gov
TTY: 202/418-2555


This is an unofficial announcement of Commission action. Release of the full text of a Commission order constitutes official action. See MCI v. FCC. 515 F 2d 385 (D.C. Circ 1974).

FOR IMMEDIATE RELEASE
January 12, 2001
 
     

PRESS STATEMENT CLARIFYING COMMISSIONER MICHAEL POWELL’S POSITION ON THE APPROVAL OF AOL-TIME WARNER MERGER


Contrary to some of the comments at the news conference Thursday evening, I do not support approval of the merger of AOL and Time Warner without any conditions. Although I have concerns that our condition regarding the relationship between AT&T and Time Warner Enterprises (TWE) is largely duplicative of existing consent decrees by the antitrust authorities, I nonetheless concur in approval of the merger and also in the condition regarding the relationship between AT&T and TWE.