dq 1Telephone Regulation & Competition (graded)Was regulation an alternative to competition in the early years of the telephone industry? Do you think regulation and/or competition in the early years of the telephone industry served the “best interest” of consumers, why or why not?dq 2Natural Monopoly in Telephony: T. Vail (graded)T. Vail believed that his company, AT&T, should be considered a natural monopoly. What were his arguments, do you agree or disagree, why or why not?
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