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The Federal Trade Commission approved America Online's merger with Time Warner on Thursday, after the companies agreed to concessions designed to protect competition in the growing markets for high-speed Internet service and interactive television. This creation of an old-meets-new media powerhouse is expected to generate revenues of over $40 billion a year.
December 14, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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