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EU Objects To AOL-Time Warner Merger

Posted by ryuzaki0 on from the yes-someone-is-sane dept.

A reader writes: "Reuters has a story on the European Commission having drafted a report opposing the merger of AOL and Time-Warner, in grounds that the new company would be too powerful."

1 of 156 comments (clear)

  1. Probably a good thing. by jregel · · Score: 5

    There are some people who are probably thinking what right does a European entity have to interfere with a US company? As a European, I'm quite pleased to see the EU make a stand in this. Time Warner are very powerful and very influencial. AOL have a huge amount of mindshare partly due them swamping the market with CDs and a "the internet's safe with us" advertising campaign. Combined, these two companies can be very destructive, and I don't think many Europeans fancy having such a pervasive US company (or any company) controlling the media.

    Am I in favour of governments interfering with companies? If they protect the consumer then I do. Are governments to be trusted? No, but at least they're more accountable than multi-nationals. If I have a problem, I can write to my MP or MEP (and I did with regards to the RIP Bill in the UK - I also got a response). If I have a problem with the MPAA, who can I complain to? I can boycote products but when companies get as big as Time Warner/AOL, that can be pretty difficult as who knows what other brands they own? And we've already seen that the MPAA don't seem to respect local laws.

    It's not a US vs EU thing, it's about stopping a big, monolithic, and IMHO ultimately malignent corporation from pushing their views to people ignoring local politcal and legal institutions in the process. This is not in the interests of the consumer and I think it's a bad thing(tm).

    All IMHO naturally.