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FCC chairman says his agency won't review AT&T's Time Warner purchase
Last month, AT&T revealed how it might structure its deal to acquire Time Warner without having to go through FCC review. The communications giant noted that it "anticipated that Time Warner will not need to transfer any of its FCC licenses ... after the closing of the transaction." That means that the FCC wouldn't need to review the transaction, and today FCC commissioner Ajit Pai confirmed that his agency would indeed not likely look at AT&T's purchase.
