12, 1956 - In a controversial decision, Eisenhower administration ends seven-year antitrust suit against AT&T. 1919 - In Kingsbury Commitment negotiated by President Woodrow Wilson, AT& T informally recognized as the nation’s telephone monopoly subject to federal regulation. 1910 - AT&T gains effective control of Western Union, its biggest telephone competitor, and Chairman Theodore Vail has himself elected president of the rival company.ġ913 - Under threat of antitrust suit, AT&T agrees to dispose of Western Union stock and not to buy more independent phone companies without government approval.
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