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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: Sleeper who wrote (8400)	4/22/1999 6:56:00 PM
From: GraceZ	Read Replies (2) \| Respond to of 29970

CNBC has Armstrong on right now. No mention of @Home

To: Sleeper who wrote (8400)	4/22/1999 6:59:00 PM
From: RTev	Read Replies (1) \| Respond to of 29970

FTC has already indicted the industry is embryonic and they would not step in to slow network formation at the present time. It's the FCC which said that. The Federal Trade Commission gets involved along with the DOJ when a merger is proposed. There's no guarantee that the FTC would use the same criteria in judging the competitive effects of this merger. They could well look at a merger of RR and ATHM as anti-competitive since it would leave just one company with 80-90% of the market for cable-broadband. So the FTC could say, "This merger can't go through unless you can guarantee that RR remains a competitive developer of broadband access." The way to do that is to trade the RR ownership with Comcast. As you said, the question of open access would arise in such a merger as well. My guess is that AT&T would do anything -- including giving up some @home pass-by numbers -- in order to keep that issue at bay.