The Lessons Of The At&T BreakupPeter Coy
It's 1981, and the Justice Dept. has a technology powerhouse tied up in knots as it tries to prove antitrust violations. Charles L. "Charlie" Brown, the chairman of American Telephone & Telegraph Co., can't understand why the government is picking on a company that has given the U.S. the world's best telephone service. While foes describe AT&T as a monopolistic bully, its friends warn that breaking up Ma Bell would fragment the nation's infrastructure.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- One of the World’s Hottest Stocks Is Now Tumbling
- This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again
- Recent ‘Odd’ Market Moves May Be a Warning Sign for Stocks
- The Global Economy Is Doing Just Fine, But the Davos Elite Is Worried
- U.S. Stocks Gain as Senate Votes to End Shutdown: Markets Wrap