News and Views from Ernster, the Law Library Virtual Cat.
Thursday, November 20, 2014
This Day In The Law: Justice Department Brings Antitrust Action Against AT&T
On November 20, 1974, the Department
of Justice filed its final antitrust suit against AT&T, signaling the end
of the “Bell system”. United States v.
AT&T was ultimately settled out of court, under an agreement that the
corporation would split and thereby end its monopoly on telephone service throughout
the United States.
(a.k.a. - legal stuff I have to say on advice of counsel)
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