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FTC finalizing Turner consent decree

Published on .

The Federal Trade Commission told its staff to work out details of a final consent agreement with Time Warner on that company's proposed acquisition of Turner Broadcasting System. But a final vote on the deal has been delayed for up to three weeks. A short FTC statement offered no immediate reason for the delay, though Mary Azcuenaga was the only commissioner to dissent on issuing the staff directive. The proposed agreement would limit the role partial Turner owner Tele-Communications Inc. could play in the combined company, require Time-Warner cable systems to carry a Turner competitor, and bar long-term discounts to TCI for Turner programming.

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