Everyone thought the AOL - Time Warner merger was going to dominate every market and destroy the world with an ubermonopoly. Not only has that claim been proven empirically false, but in fact the company is in trouble. When the merger closed in 2001, the price per share was $47.23, today it closed at $15.61. That a drop of two-thirds.
The FCC will allow AOL to trasmit video through it’s instant messenger. Oh thank you dear government! Thank you for allowing a company to improve its product. Any other decision would have been outright ludicrous. Of course, the two democratic members of the panel voted to disallow the use.
On what grounds did anyone ever think was objectionable?
As a condition of merger approval, the FCC zeroed in on the area where AOL had particular dominance: instant messaging
AOL members are not required to use Instant Messenger, but AOL has not allowed the system to work with competing systems, such as Microsoft Corp.’s MSN Messenger service or Yahoo Inc.’s Messenger. As a result, users of the different systems cannot communicate with each other
AOL’s Instant Messenger is free, anyone can use it. Even if it wasn’t, that would be no justification for action. There have always been alternatives, ICQ and IRC were around well before AIM, and are still options. I personally prefer ICQ. About the compatability, what’s the problem? Just coordinate with your friends. Or, if that’s too difficult, download Trillian, in one program it handles five messengers - AIM, MSN, ICQ, Yahoo, and IRC.
Further monopoly misses:
They reasoned that a combined company that included a large cable television system, magazines, CNN, and Warner movies and music could dominate news and entertainment over the Internet and lock out competitors.
GASP! - How can we allow CNN to merge with print? It’ll be too powerful! Oh, wait, Fox News, a competitor, is kicking its ass. And how can one corporation “lock out competitors” over the internet. It’s at the same time the most decentralized and most far-reaching medium on the planet.
These monoploy-crying idiots are not only wrong, they’re dangerous. Their two year restriction on AIM carrying video may well have set us back in terms of this technology. While that one particular item may not seem like a big deal, it’s the philosophy that will run amok and be applied to other areas.
These anti-business types with an irrational fear of anything productive, effective, efficient, and popular have faith neither in the people to choose or to innovate. Their actions do nothing but suck the life out of a healthy and productive tech sector. Thanks guys.
Why not regulate Movable Type because it’s used by so many bloggers? MT 2.64 is just too good, make them stop before MT 2.65 comes out and “locks out all competitors.” In the name of fairness and equality (not to mention mediocrity and stagnation), force them to stop innovating now, before it’s too late.