A review of one of the most significant events in modern economic history, the restructuring of American Telephone and Telegraph Company, this article gives a concise summary of the legal issues, from first allegations in 1974 through the final order in 1983. It offers a six-category product-market framework for considering the economic and marketing implications of the settlement, and provides a foundation for continued study of the many opportunities and threats implicit in greatly increasing the scope and diversity of telecommunications marketing.
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