Information Age | Media Conglomerates May Dominate the Information Age

Editor’s Note: The following viewpoint was written in response to America Online’s January 2000 announcement of its plans to merge with fellow media giant Time-Warner. The Federal Communications Commission approved the merger in January 2001.

America Online is America’s largest Internet service provider. Twenty-two million members get to the Internet through AOL. If it were a state, AOL would rank second in the nation in population, behind California. The company has a market capitalization of $125 billion—a bit less than the Gross Domestic Product (GDP) of Denmark. And...

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