America Online chairman Steve Case and Time Warner chairman Gerald Levin returned to Capitol Hill Thursday, defending their giant merger of old and new media companies for the second time this week.
Published:
11 March 2000 y., Saturday
But lawmakers on the Senate Commerce Committee_s telecommunications subcommittee focused most of their questions on general Internet policy issues, like privacy, taxation and telephone service
subsidies. On Tuesday, the two executives faced more hostile questioning from the Senate Commerce Committee focusing on the companies_ pledge to share Time Warner_s high-speed Internet-over-
cable service with competing Internet service providers. Some senators on the telecommunications subcommittee expressed similar skepticism, but much of the hearing was spent discussing general
issues. Case said AOL, the No. 1 online service, still favors voluntary industry rules to safeguard the privacy of consumers, but added he would be willing to discuss possible legislative proposals
if Congress determined that new laws were needed.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has approved under EC Treaty state aid rules a Latvian support scheme to stabilise financial markets by providing guarantees to eligible banks to ensure their access to financing.
more »
Gathering in Beijing, China's political elite gather to celebrate three decades of China's economic reform and market liberalisation.
more »
After two days of intense negotiations, European leaders reached agreement on how to achieve the EU’s ambitious climate change goals and endorsed a €200bn plan to revive the flagging EU economy.
more »
Detroit won't get its bailout, as the U.S. Senate blocked the measure to rescue America's big three car makers.
more »
The world is facing “an acute food crisis”. That was the verdict of a report adopted by MEPs in the Agriculture Committee on 8 December.
more »
The European Commission has agreed a Communication that aims to improve the functioning of the food supply chain in order to lower prices for consumers.
more »
The World Bank's 2009 Global Economic Prospects report is projecting world growth will shrink to 0.9 percent next year.
more »
Prospects for a federal aid package to help the US auto industry advanced on Monday.
more »
A new report from Aite Group LLC explores possible regulatory and legislative responses to the current financial crisis, with particular attention paid to three key topics: consumer lending, risk management and deposit relationships.
more »
A new report from Mercator Advisory Group's Retail Banking Practice focuses on the ATM and the multifaceted role it plays in the retail banking market.
more »