The collapse of AT&T's natural monopoly in long-distance telephone service was caused by

Question

Quizplus · Accepted Answer

The development of satellite technology made it much easier and less expensive for new companies to enter the long-distance telephone service industry, breaking up AT&T's natural monopoly. The government did not take over the industry, and there was no evidence of collusion with foreign competitors leading to government regulation.

The Collapse of AT&T's Natural Monopoly in Long-Distance Telephone Service