Feeds

EC blesses AOL Time-Warner wedding

But US government still has to say 'yes' too

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

The European Commission has given the go-ahead to AOL and Time-Warner to proceed with their $135 billion merger, as expected.

The Commission's members today voted to approve the merger, though the two would-be partners will need to make a number of undertakings first.

AOL will indeed have to buy out German media giant Bertelsmann's 50 per cent stake in AOL Europe. The merged AOL/Time-Warner will have to promise not to discriminate unfairly against its rivals, be they in the Internet connectivity business or distributing content online.

That will prevent the merged company "from having access to Europe's leading source of music publishing rights thereby eliminating the risk of dominance in the emerging markets for online delivery of music over the Internet and software-based music players", the Commission's ruling said.

Today's decision leaves AOL and Time-Warner better placed to convince US anti-trust regulators that the merger should be allowed to proceed. The Federal Trade Commission must also approve the deal before it can go ahead. The FTC is likely to demand 'open access' pledges along the lines of those required by the EC. ®

Related Stories

Europe to OK $135bn AOL/ Time Warner merger
FTC starts gearing up for AOL/Time Warner battle

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.