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Press Release

CSE urges FTC and FCC to approve AOL/Time Warner merger

09/14/2000

Today, Citizens for a Sound Economy in a letter signed by CSE and four other four free-market groups urged the Federal Trade Commission (FTC) and Federal Communications Commission (FCC) to approve the pending AOL/Time Warner merger.

“For months now, the FCC and FTC have held up this merger,” said CSE Director of Technology and Communications Policy Erick Gustafson. “This discourages investment, and results in fewer choices in the broadband market.”

CSE was joined by Americans for Tax Reform, Competitive Enterprise Institute, Small Business Survival Committee and Consumer Alert in urging the agencies to approve the merger.

“For months now, the FCC and FTC have held up this merger,” said CSE Director of Technology and Communications Policy Erick Gustafson. “This discourages investment, and results in fewer choices in the broadband market.”

The merger was announced in January and the agencies have yet to complete their review of the merger, effectively giving the government regulatory control over the Internet.

CSE called on the FTC and FCC to endorse the continued free and open nature of the Internet, and demonstrate support for business innovation by approving the merger.

A copy of the letter can be viewed at http://www.cse.org/newsroom/1240.html