Another setback for Ma Bell
With some 40 antitrust lawsuits pending against it, the giant American Telephone and Telegraph Co. (assets: $125 billion) is fast becoming one of the nation's most familiar courtroom defendants. Charged by competitors with service delays and unfair pricing to drive out competition, Ma Bell has entered into several agreements and is currently appealing a $1.8 billion antitrust award to MCI Communications Corp., which successfully argued that A T & T stalled in supplying telephone hookups needed for MCI to operate a rival long-distance telephone network.
Last week in a New York City courtroom, AT&T was greeted with...
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