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AOL Prepares for a Grilling on Capitol Hill

 

After spending Tuesday trying to put out one merger-related fire, America Online (AOL Quote) has to hope another one doesn't flare up Wednesday morning on Capitol Hill.

AOL, which is in the midst of gathering regulatory approvals for its planned acquisition of Time Warner (TWX Quote), was on the defensive Tuesday after The Wall Street Journal suggested that AOL was trying to create a worldwide instant messaging system by linking its AOL Instant Messenger and ICQ services. ...

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