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The Fall of the Bell System - A Study in Prices and Politics (Paperback, Revised)
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The Fall of the Bell System - A Study in Prices and Politics (Paperback, Revised)
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AT&T's divestiture was the largest corporate reorganization in
history and has had international repercussions. It was a major
development in American economic policy, and a prominent part of
the deregulation movement of the late 1970s. This study reveals the
internal decision-making process at AT&T and explains how
private and public interests combined to shape corporate and public
policy in late 20th-century America. Temin weaves the strands of
politics, economics, business, and law into an accessible narrative
history that will be of interest to the general reader who wants to
know about government business interaction and how it affects
American citizens. Temin portrays divestiture as a great experiment
in public policy, competition, openness, and international policy.
He concludes that the experiment has been a mix of deliberate
design and uncontrollable forces whose outcome was not foreseen.
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