Immediately After the Breakup of AT&T There Were 7 Regional

question 34

Short Answer

Immediately after the breakup of AT&T there were 7 Regional Bell Operating Companies (RBOCs).As of year-end 2009,there are ____________________ RBOCs.

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Definitions:

Conglomerate Merger

A transaction that combines companies operating in completely unrelated business activities into a single corporation.

Vertical Merger

The merging of two or more businesses at various phases of production or distribution within the same sector.

Herfindahl Index

A measure of market concentration that sums the squares of the market shares of all firms in the market, used to assess competition levels.

Federal Merger Guidelines

Regulations and criteria established by federal agencies to evaluate and approve or disapprove proposed mergers, ensuring fair competition.