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Article #620162

Re: Important US technology companies sold to foreigners

#620162
From: hanc...
Date: Mon, 05 Feb 2018 21:36
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On Sunday, February 4, 2018 at 10:55:53 AM UTC-5, jmfbahciv wrote:

> They were also arrogant and tried to block competition in the
> telephone area, including long distance.  They also were unwilling
> to provide telephone services needed by customers.  Customers started
> to go to other phone companies which ATT hassled.  Remember the
> two long distance companies which almost went bankrupt (I can't recall
> their names).  ATT shenanigans w.r.t. these companies caused
> Justice to start monopoly proceedings.  The breakup had nothing
> to do with the computing business.

Sorry, but not true.

Imagine you own a luncheonette.  You pay rent and taxes, and provide
your customers with restrooms and parking.

Someone sets up a pushcart selling hot dogs on the public sidewalk
in front of your place.  He pays no taxes.  Then, his customers use
your parking lot and your restrooms.  You wouldn't like that at all.

The newcomer long distance companies wanted the revenues, but 
didn't want the underlying expenses of being common carrier. 
They expected AT&T to provide things for free or below cost,
which was not fair to AT&T.
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Subject: Re: Important US technology companies sold to foreigners
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