In the 1982 AT&T antitrust case, the resolution was an out-of-court settlement involving a
A) change in the business practices of AT&T.
B) cease-and-desist order.
C) breakup of AT&T into several smaller firms.
D) takeover of AT&T by another company.

Question

Quizplus · Accepted Answer

The 1982 AT&T antitrust case resulted in the breakup of AT&T into several smaller firms, known as the Baby Bells. The out-of-court settlement was a consent decree that required AT&T to divest its local telephone companies and separate them from its long-distance services. This was done to promote competition in the telecommunications industry and prevent AT&T from having a monopoly over the industry.

In the 1982 AT&T Antitrust Case, the Resolution Was an Out-Of-Court