Digest

America Online and Time Warner have been given the green light for their merger by the Federal Communications Commission. The move comes a year after the merger was first proposed. The FTC did, however, impose restrictions on the new company’s advanced instant messaging system when it runs over Time Warner’s cable lines. AOL Time Warner will also be forced to allow competing ISPs to use its cable pipeline. The new combine will have interests spanning television programming, film, magazines and the Internet.

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