FCC Approves AOL/Time Warner Merger
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The Wall Street Journal is reporting that last night the FCC conditionally approved the multi-billion dollar merger of AOL and Time-Warner. The conditions of the deal impose limits on AOL's instant messaging, as well as its dealings AT&T for cable services. FCC Chairman William Kennard told the journal "These conditions in their essence are designed to protect the open, competitive nature of the Internet." For the rest of the article visit Wall Street Journal.