“The Justice Department has approved America Online’s proposed
acquisition of Netscape Communications, as well as the strategic
alliance between AOL and Sun Microsystems, a spokeswoman at the
federal agency said today.”
“After a thorough investigation and analysis, the department’s
antitrust division has closed its investigation of America Online’s
proposed acquisition of Netscape Communications, and America
Online’s strategic alliance with Sun Microsystems,” the Justice
Department’s antitrust division said in a statement.
“The division has decided that it will not challenge the
transactions…”
