James Mishra

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In a 1985 interview, Greene insisted that he had not decided during the trial how he would finally rule on U.S. v. AT&T, but he also observed, “I have no doubt about the correctness of deregulation. The basic fact of the phone industry is it grew up when it was a natural monopoly: wooden poles and copper wires. Once it became possible to bypass this network through microwaves, AT&T’s monopoly could not survive. What the Bell System did was illegal. It abused its monopoly in local service to keep out competitors in other areas. Competition will give this country the most advanced, best, ...more
The Deal of the Century: The Breakup of AT&T
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