Word: mci
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Dates: during 1980-1989
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...hand, the company's privileged monopoly status is under attack in the courts by the Justice Department as well as some 37 private companies, which are pressing their own antitrust suits against Bell. In June, upstart little MCI of Washington, D.C. (sales: $144 million annually), won a staggering $1.8 billion in damages from a federal court in Chicago after charging that A T & T had conspired to block its entry into the long-distance telephone market. Now MCI is selling its phone service in such leading markets as New York City, Houston and San Diego. The company...