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Government Antitrust Activity Led to the Breakup of AT&T in the 1980s

Question 73

Multiple Choice

Government antitrust activity led to the breakup of AT&T in the 1980s because,among other things,it felt that AT&T had too much control over the telecommunications market.What type of market failure was most likely involved?


A) Inequity
B) Public goods
C) Externalities
D) Market power

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