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1) Ownership Nationalized companies are owned by the state. AT&T had/has private shareholders. 2) Control With ownership comes control. The U.S. government g

1) Ownership Nationalized companies are owned by the state. AT&T had/has private shareholders. 2) Control With ownership comes control. The U.S. government granted AT&T a conditional monopoly. In the early 20th century it was in exchange for extending service across the nation. Mid-20th century for defense work. Aside from these conditions the U.S. government did not exert control on AT&T's operations.

bluntfang 7y ago
>Nationalized companies are owned by the state. AT&T had/has private shareholders. I feel like this is being pedantic. While there are shareholders, taxpayers have funded the infrastructure and are paying for it in the form of tax breaks.