AT&T
from Things I Learned Last Night Hosted by Jaron Myers and Tim Stone
In 1877 Alexander Graham Bell founded the Bell Telephone Company. It was the world's first telephone company and would one day become AT&T. Even though Alexander Graham Bell sold his ownership stake in the company after just a couple of years with the company, AT&T would become the largest telephone company in the company the world. In fact, AT&T grew so large that the United States government spent well over 50 years trying to break up what they believed was a monopoly. They succeeded in their goal. However, 35 years after the break up almost all of the subsidiaries have reunited to rebuild the monopoly of old. AT&T is now almost as big, if not bigger than it was before the monopoly was broken up. This is the story of how AT&T became a monopoly, twice.
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