Federal Antitrust Laws
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It agreed to connect its long-distance wires with the local exchanges of independent companies.
Of course, the interpretation of the antitrust act on which was based the action taken by the Department in respect of the Bell Sys- tem does not mean that where there are two telephone systems in a city or town there never can be a consolidation into a single system.
It does mean that where competition has been established in long- distance telephony between points in different States it can not be ...destroyed by contract or consolidation. This interpretation leaves local communities generally free to have one telephone system, if they desire, subject to the condition that in the event of a consoli- dation the consolidated company will make connections with all long-distance interstate lines and thereby preserve competition in interstate communication.
77 PROSECUTIONS UNDER SHERMAN ACT.
It should also be kept in mind that the requirement that the Amer- ican Telephone & Telegraph Co. relinquish its control of the West- ern Union Telegraph Co.
What to read after Federal Antitrust Laws?
You can find similar books in the "Read Also" column, or choose other free books by United States to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It agreed to connect its long-distance wires with the local exchanges of independent companies.
Of course, the interpretation of the antitrust act on which was based the action taken by the Department in respect of the Bell Sys- tem does not mean that where there are two telephone systems in a city or town there never can be a consolidation into a single system.
It does mean that where competition has been established in long- distance telephony between points in different States it can not be ...destroyed by contract or consolidation. This interpretation leaves local communities generally free to have one telephone system, if they desire, subject to the condition that in the event of a consoli- dation the consolidated company will make connections with all long-distance interstate lines and thereby preserve competition in interstate communication.
77 PROSECUTIONS UNDER SHERMAN ACT.
It should also be kept in mind that the requirement that the Amer- ican Telephone & Telegraph Co. relinquish its control of the West- ern Union Telegraph Co.
What to read after Federal Antitrust Laws?
You can find similar books in the "Read Also" column, or choose other free books by United States to read onlineMoreLess
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