Score One For AOLTW

A wary FTC approves the AOL-Time Warner merger and attaches some strings

Steve Case and Jerry Levin are so confident in the future of AOL Time Warner that they just aren't going to let powerful competitors, wary consumers or, especially, the Federal Government stop them. That's why for more than six months they directed their top executives to endure hundreds of hours of interrogation in Room No. 385 of the Federal Trade Commission building in Washington, and why they showered thousands of proprietary documents on their inquisitors. And it's exactly why they faxed, on the eve of last week's FTC vote, the final written concession that led to unanimous approval of the $112...

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