The FCC finally closed the book on the Time Warner-AOL...
The FCC finally closed the book on the Time Warner-AOL merger. The agency granted a petition from Time Warner Cable to end the remaining conditions the FCC attached to its 2000 approval of that deal. “At the time of the…
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merger, AOL was the world’s largest Internet Service Provider ... [and] Time Warner was the second-largest cable provider in the United States, possessed one of the world’s largest content libraries and controlled the nation’s second-largest broadband ISP, Road Runner,” an order released by the commission Wednesday said (http://xrl.us/bnpg72). Still in effect as of Tuesday was a prohibition against TWC discriminating against unaffiliated ISPs providing service to TWC customers. But after a series of corporate restructurings that saw splitoffs of both Time Warner Cable and AOL as well as AOL’s exit from the broadband ISP business, the commission found the “rationale supporting the adoption of the remaining AOL-Time Warner condition ... no longer exists,” the order said. The order terminated the condition effective immediately.