Events tagged with "compete"

Historical Events tagged with "compete"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Economics & Industry

AT&T's Historic Divestiture of Subsidiaries

January 8th, 1982 43 years ago

AT&T agreed to divest 22 local telephone companies, ending its monopoly. This agreement came after antitrust actions by the U.S. government aimed to increase competition in the telecommunications industry. The divestiture became a monumental shift for telecommunications in the U.S., promoting consumer choice. As a result, seven regional holding companies emerged from the restructure.