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July 25, 2007
The Regulatory Inefficiency Theorem
When the Justice Dept won its antitrust case against AT&T, the company was split into multiple local operating companies. AT&T focused on the long distance market. Now, those companies have recombined to the point where only three remain: Verizon, AT&T, and Qwest. Essentially, the old AT&T has been reformed in three geographic regions. Why is this? Because of the Regulatory Inefficiency Theorem.
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Posted on July 25, 2007 01:38 PM by qwest434.
Filed in Phones under qwest.
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