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Phu Tho Travel on As a result of the agreement, the government of each local community would allow only one telephone company to operate and this local company would be connected to the Bell long-distance system. Since Bell was the largest single company, it was in the best position to lobby the state utility commissions and was generally chosen over its competitors 52 AT&T In more than 100 years of business AT&T has gone through multiple competitive phases, from monopoly to breakup. To provide local phone service. Bell soon became a monopoly again.
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The U.S. government, in 1974 filed the antitrust suit that finally led to a competitive market in long distance. Phu Tho Travel 2016.