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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: Jim B who wrote (8262)6/15/1999 10:10:00 AM
From: ToddbboT  Read Replies (1) of 108040
 
I like ATHM, don't get me wrong (I can even see their massive new office complex from my window here) but that press release only says the FCC may appeal because they feel like it is their jurisdiction.
[snip]
Federal regulators are considering appealing a federal judge's ruling that local governments can force cable TV systems to open their lines up to multiple Internet service companies.

In a speech prepared for delivery today in Chicago, Federal Communications Commission Chairman William Kennard argues that only the FCC can make such a determination. For now the agency is declining to, saying there is no evidence of restraint of competition in this new Internet market.

"A lot of people say we have a monopoly or a duopoly," Kennard said in an interview. "We don't have either. We have no-opoly. It's really too soon to issue a verdict" on whether a monopoly will arise in this business.

In his speech, Kennard calls on the cable industry to "act responsibly" and open its wires to competition.
[snip]

I see this as positive for AOL and competition....the FCC doesn't want to step in just yet but is asking everyone to play nice and share. Either way AT&T makes money.
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