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863 points IdealeZahlen | 3 comments | | HN request time: 0.72s | source
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tonymet ◴[] No.43719240[source]
the FTC is like Jim Cramer. Once they judge a business to be a monopoly, the business falls apart and the monopoly is irrelevant. Look at the hundreds of millions wasted on the Windows / IE monopoly trial. the AT&T break up set American technology back by decades and killed our domestic chip production.
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spamizbad ◴[] No.43719443[source]
AT&T was broken up in 1982. Our manufacturing peaked around 1990 and what really pushed it downward was China joining the WTO. We also halted a lot of fab construction domestically after the GFC of '08.
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1. tonymet ◴[] No.43719548[source]
the *case started in 1973 and was threatened for almost a decade beforehand. That put the entire industry on edge.
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2. PaulHoule ◴[] No.43720411[source]
To the contrary AT&T proved itself incapable of delivering end-to-end innovation. Sure it lowered the cost of intercity links for long-distance calls dramatically but couldn’t pass savings on to the consumer. Picturephone was a technical tour de force but demonstrated AT&T couldn’t deliver new services other than little things like call waiting and caller id.

Notably high profits from long-distance dialup calls kept online services stuck at 2400 bps for most of the 1980s. Futurists circa 1960-1970 thought online services were going to become widespread about 15 years than they really did and AT&T was the #1 thing to blame.

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3. tonymet ◴[] No.43756471[source]
Bell Labs?