MSFT -- Should the DOJ Break it up? Message Board

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Technology Stocks : MSFT -- Should the DOJ Break it up?

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To: mozek who wrote (71)	5/11/1998 11:39:00 PM
From: JF Quinnelly	of 144

The way phone service worked was similar to cable TV today: companies had geographic monopolies. AT&T had the vast majority of service areas, but if you had lived in a GTE service area you would have purchased all of your service through them. And until the "Carterphone decision" of the '70s, you were forced to rent equipment from the phone companies instead of being able to buy your own. The only non-AT&T providers I can remember were GTE and Rochester telephone, but there were probably a number of other small phone companies. And I think AT&T was the only long distance provider. For all intents and purposes AT&T had a monopoly even though it wasn't 100% of the U.S. market.

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