AT&T avoided immediate antitrust dissolution
E668841
AT&T avoided immediate antitrust dissolution refers to the outcome of the 1913 Kingsbury Commitment, which allowed AT&T to continue operating as a dominant telecommunications company under agreed regulatory constraints instead of being broken up at that time.
Statements (37)
| Predicate | Object |
|---|---|
| instanceOf |
historical antitrust outcome
ⓘ
telecommunications regulation event ⓘ |
| allowed | AT&T to maintain its integrated Bell System structure ⓘ |
| appliesTo | American Telephone and Telegraph Company NERFINISHED ⓘ |
| associatedConcept |
network effects in telecommunications
ⓘ
public utility style regulation of telecommunications ⓘ regulated monopoly ⓘ |
| corporateActor | AT&T Vice President Nathan Kingsbury NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| date | 1913 ⓘ |
| economicImpact | preservation of a nationwide integrated telephone network under AT&T control ⓘ |
| followedBy |
continued expansion of AT&T’s Bell System monopoly
ⓘ
later antitrust actions leading to the 1982 AT&T breakup ⓘ |
| governmentActor | Attorney General James C. McReynolds NERFINISHED ⓘ |
| historicalPeriod | Progressive Era NERFINISHED ⓘ |
| industry | telecommunications ⓘ |
| legalContext |
Sherman Antitrust Act
NERFINISHED
ⓘ
antitrust law ⓘ |
| legalInstrument | Kingsbury Commitment NERFINISHED ⓘ |
| legalNature | out-of-court settlement of antitrust concerns ⓘ |
| precededBy | antitrust investigations of AT&T’s market power ⓘ |
| prevented | court-ordered dissolution of AT&T in 1913 ⓘ |
| primaryBeneficiary | American Telephone and Telegraph Company NERFINISHED ⓘ |
| primaryRegulatoryGoal | regulation of a natural monopoly rather than its dissolution ⓘ |
| refersTo | outcome of the 1913 Kingsbury Commitment ⓘ |
| regulatoryBodyInvolved |
United States Department of Justice
NERFINISHED
ⓘ
United States Interstate Commerce Commission NERFINISHED ⓘ |
| regulatoryMechanism | consent agreement between AT&T and the U.S. government ⓘ |
| relatedEvent | Kingsbury Commitment NERFINISHED ⓘ |
| relatedOrganization |
Bell System
NERFINISHED
ⓘ
Western Union NERFINISHED ⓘ |
| resultedIn |
avoidance of immediate breakup of AT&T
ⓘ
commitment by AT&T to allow interconnection with independent telephone companies ⓘ commitment by AT&T to divest its controlling interest in Western Union ⓘ continuation of AT&T as a dominant telecommunications company ⓘ federal oversight of AT&T’s acquisitions of independent telephone companies ⓘ regulatory constraints on AT&T’s operations ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.