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Originally Posted by JSWolf
So why was AT&T broken up for being a monopoly?
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From the website of the Federal Trade Commission:
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While it is not illegal to have a monopoly position in a market, the antitrust laws make it unlawful to maintain or attempt to create a monopoly through tactics that either unreasonably exclude firms from the market or significantly impair their ability to compete. A single firm may commit a violation through its unilateral actions, or a violation may result if a group of firms work together to monopolize a market.
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The original page is
http://www.ftc.gov/bc/compguide/maintain.htm
The Bandit
P.S. In the case of AT&T, the other companies were MCI, Sprint and other early attempts at long distance companies.