Department of Justice brought a lawsuit against Bell claiming violations of the Sherman Act. At the time of the breakup of the Bell System in the early 1980s, it had assets of $150 billion (equivalent to $370 billion in 2020) and employed over one million people.Įver since the 1910s, American antitrust regulators had been observing and accusing the Bell System of abusing its monopoly power, and had brought legal action multiple times over the decades, until in 1974 the Antitrust Division of the U.S. The system of companies was often colloquially called Ma Bell (as in "Mother Bell"), as it held a vertical monopoly over telecommunication products and services in most areas of the United States and Canada. The Bell System was the system of companies, led by the Bell Telephone Company and later by AT&T, that dominated the telephone services industry in North America for 100 years from its creation in 1877 until its antitrust breakup in 1983.
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