FOR IMMEDIATE RELEASE: January 12, 2001



PRESS STATEMENT CLARIFYING COMMISSIONER MICHAEL POWELL’S 
POSITION ON THE APPROVAL OF AOL-TIME WARNER MERGER


Contrary to some of the comments at the news conference Thursday evening, I do not 
support approval of the merger of AOL and Time Warner without any conditions.  Although I 
have concerns that our condition regarding the relationship between AT&T and Time Warner 
Enterprises (TWE) is largely duplicative of existing consent decrees by the antitrust authorities, I 
nonetheless concur in approval of the merger and also in the condition regarding the relationship 
between AT&T and TWE. 
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Washington, D. C.  20554

This is an unofficial announcement of Commission action.  Release of the full text of a Commission order
constitutes official action.  See MCI v. FCC. 515 F 2d 385 (D.C. Circa 1974).