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Article: Media mergers to DoJ. (In Brief).(Department of Justice to review media mergers)(Brief Article)
- Article from:
- Broadcasting & Cable
- Article date:
- March 11, 2002
CopyrightCOPYRIGHT 2002 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Under a new agreement between the Justice Department's Antitrust Division and the Federal Trade Commission, DoJ will review all entertainment and media mergers, Assistant Attorney General Charles James and FTC Chairman Timothy Muris agreed Last week.
In the past, the two agencies fought over which would review what, causing extensive delays in the process. In fact, deciding who would review the AOL Time Warner merger was so contentious that the FTC had to agree not to claim any new expertise as a result of completing that review, Muris said.
DoJ and FTC closed the deal even though Senate Commerce Committee Chairman Fritz Hollings (D-S.C.) hasn't signed ...