Why did anti-trust enforcement shift again after WWII? (This was the Peak Enforcement Era that culminated in the break-up of AT&T. At its height of power ATT&T controlled all phone service in U.S. You could not even own a private phone!) What was the “consumer welfare standard” that changed anti-trust enforcement after AT&T?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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  1. Why did anti-trust enforcement shift again after WWII? (This was the Peak Enforcement Era that culminated in the break-up of AT&T. At its height of power ATT&T controlled all phone service in U.S. You could not even own a private phone!)
  2. What was the “consumer welfare standard” that changed anti-trust enforcement after AT&T?
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