Feeds

FCC balks at AOL/Time Warner wedding

Not using the M-word....yet

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

On Friday, just after AOL and Time Warner shareholders gave their overwhelming final blessing to the proposed $123 billion merger, the US Federal Communications Commission (FCC) spoiled the party by demanding additional information from both companies in its investigation into issues related to competition, Reuters reports.

The FCC is asking pointed questions about AOL's new television service, wondering what services AOL-TV subscribers will get, and what deals the company has made with cable operators. The Agency also requested information about AOL's investment in TiVo, a personal television service which allows viewers to schedule programming, the wire service says.

The FCC also wants to look into Time Warner's cable system and will examine documents related to plans for Road Runner, a joint venture owned by Time Warner, Microsoft and Compaq.

The Agency also asked for a list of all companies in which either AOL or Time Warner holds a stake of five per cent or more, as well as the price to be asked of ISPs to gain access to the merged company's cable systems.

And if that wasn't enough, US watchdog organisation Consumers Union announced Friday that it will challenge the ownership links between AT&T and the proposed AOL/Time Warner mono.... em, very large corporation.

Together, the companies would control more than half of the cable lines in the US, Consumers Union reckons. They would also control access to over half of the Internet subscribers who connect through standard modems and three-quarters of broadband customers.

"These transactions could allow AT&T and AOL/Time Warner to undercut competition and inflate cable and Internet charges," Consumers Union stated on Friday.

Precisely what the FCC seems to have in the back of its mind too, though few analysts expect it to reject the proposal outright. What we're seeing here is probably more of a 'close read' of the two companies' various projections and rosy promises, with an eye to closing the loopholes. ®

Intelligent flash storage arrays

More from The Register

next story
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BT said to have pulled patent-infringing boxes from DSL network
Take your license demand and stick it in your ASSIA
Right to be forgotten should apply to Google.com too: EU
And hey - no need to tell the website you've de-listed. That'll make it easier ...
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.