Answer:
1. One of the largest divestitures in American history occurred when the U.S. Government ruled that the AT & T ® Corporation was a monopoly that must be divided so that the telephone market might be more competitive.
<em>TRUE</em>
<em>In 1982, U.S. regulators broke up the AT&T monopoly, requiring AT&T to divest its regional subsidiaries and turning them each into individual companies. From that point AT&T as a result of this breakup, faced competition from new competitors such as MCI and Sprint.
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Explanation:
1. One of the largest divestitures in American history occurred when the U.S. Government ruled that the AT & T ® Corporation was a monopoly that must be divided so that the telephone market might be more competitive.
<em>TRUE</em>
<em>In 1982, U.S. regulators broke up the AT&T monopoly, requiring AT&T to divest its regional subsidiaries and turning them each into individual companies. From that point AT&T as a result of this breakup, faced competition from new competitors such as MCI and Sprint.
</em>
2. The Federal Aviation Administration regulates the airlines.
<em>TRUE</em>
<em>The Federal Aviation Administration (FAA) is the regulatory arm of the government of the United States which controls all aspects of civil aviation.</em>
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3. The Federal Newspaper Association regulates the free speech in newspapers.
<em>FALSE</em>
<em>It is the Federal Communications Commission</em>
<em />
4. The Securities and Exchange Commission regulates the stock market.
<em>TRUE</em>
<em>The U.S. Securities and Exchange Commission (SEC) is a government agency responsible for overseeing and regulating investments in shares, and maintain fair and orderly functioning of the securities markets.</em>
5. The Federal Reserve Board regulates the postal system.
<em>FALSE</em>
<em>The Federal Reserve Board governs the Federal Reserve System and the U.S. central bank in charge of making the country's monetary policy.</em>
6. The Interstate Commerce Commission polices monopolistic practices.
<em>FALSE</em>
<em>Interstate Commerce Commission (ICC), was charged with regulating the services of specified carriers engaged in transportation between states.
</em>
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7. The Federal Reserve Housing regulates the housing prices in America.
False
That would have been the United States Housing Authority
