Can I please have a paper Outline, based on the pictures

Althouph ATET is one of the largest and the most profitable telecommunication conrpanies today, the company has been fighting legal battles with the fedenal govenment for the last century. During its formative years, the company was sued severally by the federal goverument for violating antitrust laws that were meant to promote fair competition in the telecommunication industry. From 1913 to 2018, AT\&T was embroiled in legal battles wita the Federal Conumunication Conmission and the Department of Justice that forced the telecom giant to break up its monopoly and stay out of other industries. Altogether, the breakup of AT\&T led to immediate benefits for both the parent company and its customers. Macroeconomics: AT\&T The history of the American Telephone and Telegroph Cempany (AT\&T) is closely related to the development of mass communication in the United States (U.S). Over the years, AT\&T has developed alongside the development of contemporary America, from its roots in the discovery of the telephone to its anticompetitve practices throughout a foots in the ducencry of the telephone to its anticontreteive peactices throughoti a sigaificant portion of the 20th century, downaipht to its position today as coe of the sorlats nsost signtivent piayers in telecoenmantications. Therefore, this essdy will pronde a trief history of ATET and how antatruat issues led to the brealoup of the teleccenmmications Fiant History of ATRT The histary of ATET was propelled by the invertioe of the teleptooe by Alexander Graburn Bell in 1876 when the compary began operations under the mame Bell A1BI Telephone Company. Over the next few yeigs, the coenpany chanted its nume to the National Telephote Company. Over the next few years, the compary clanged its tame to the National Bell Tclephoos Contpany before vetting en the American Bell Trlephone Company (Janes 1. Feigentumn, DaniclP. Gross, 2021) (Feifentuam \& Cirose, 2021). By 1812, the Anerican Bell Telepbone Company had groon 50, it could buy a coatroling wake is Westem Dlectric, a unit of Westen Uwion (WU) American Beil incorpotided ATET in 1885, Which was used to expand the tekptione setwork intially launched in New York. In the 20th century, the conpany gew innensely, buit a setwenk of local telepione subsiduries, and held a monopoly is the telecommunication induatry (Feiperibaum & Gross, 2021). Howeve, in 1913, the US Justice Depatenent began actitnst scutiny, eventually focing ATET to divest it local telephobe vibiliaries. conwanication, doeninating telegbioes and telegraphs, thinks to ex ounerhip of Wesiens 'Givion. The teleconn giant acticved this ty restricting infependent telocontminicativa firms' ATET was becoming a monopoly, the US Justice Department becaroe ittrolved and settled with AT\&T The copporation drvested Western Union as part of a settlemeet with the Justce Depuatient known as the Kinggtary Comnitnent while also atlowing ohes independest telectnaunication coenparies ancess to ATET's nctwork (Roviel. 2022). The agreement also stipulated that ATET would need gotemment clearance before acquiring tivals, In 1949, the povemment sued AT ET because it was the sole prosider of phooes conpsubble with their network, In exclunge for being protubitid from expanding oustide of ATBT. Wetem Electric (Ropiel, 2022) Betrieen bo awid-1970s and the eafly 1950s, the Attoly hilith Good to go Wecomminication riart ran out of options to fend off the government. The Foderal Coniminications Comnission telacved that ATdeT was vioLitiag Anuctican astitrast law by uthluring monopoly revessoes fiven its Westem Electric subsidury to sapport the pust of its netwotk. A lasice Deptatment liwsus filed in 1974 ietulted it tee derohtice of the compary's opedions in 1982 (Feigenhaumi d Groct, 2021) AT'2T wenh ulimately split wite seven andependent buaineses Howeied, the company could alaatain itt lonf- distance clartitele, atd in 1984 the tnoespoly was troket. In the wer 1905s1 ATET bocamn at tarpet for accatitice siner it was it deeline. For to take oyet the telecemnausiation giast (Feitentuum E Grois, 2021). However, the Department cousd cotamech Fast foeward to the 21 st century, ATST dewolved weto a shef to recquire thran 10 setl off some assets before assenting to the deal AT\& T's Market Stracture fiefare and Aftar the IBreabop to iferise them to sell afI some assets before assenting ta the deal. ATorts Market Strictare Biefore and After the Brealap Fieen an ccooctmic pengrative, nuaket stucture denctes ben various indusines are caterotized and distirpuiched dependire co the intensiry and rivalfy for goods amd services. Market atructure as based on the charactrristics flat iaflucnce the behavior and outcotnct of compatics working in 3 grocife market. Before the breifor. ATdet typically operated m a enoeopoly matke steuctue chacterized by little of ta competitise in the teleconnanication induttry. As mentioned ATST flurry of patents for telephone epripment. This mone enabled AT AT fo set up finchises in the toost deiratle locitions across the U.S. Additionally, the move also cmponcred AT\&T to enmanence the essential process of vertical iniegration by combining the production of devices arid phone services. Around the sanse period, hendreds of independent telocoenemanication firms also emerged to take on ATdT (Picker, 2020). Although they added thousinds of oew subscribers to the telepbone nefuokk, they could not displace ATST, which had gained the support of city councils all over the mation by the eafly 20th century. For instance, andependeat nelphone firms could never cstablish a presence in important cities lke New York and Chicago. Consequently, this allowed AT WTS Eetwork to grew rapidity through acqusitions, uthereas independeri companies strusgled foe to tacir vability to create a euticnwide loag distance telecotambinicatica network In the aflermath of the breakis, ATdT enteraced at oligopoly market struchare. An oligopoly comprives a few big businesses that sell simitar or diffrent prodocts. Without Faay competitors, their competing strategies afe interdepesdest (MaeAvoy, 2006). In ATRT's ave, Gtanvile and His (2018) contend that "tretaology developed ourside the Bell System had becn gnwing at AT\&T"s monopoly for years "Independent businesses were able to link to ATr \& Ts netwnrk thanks to a 1963 regulatiory decision A case in powt Was that the coenpetitors could circumvent AT ST's network by using microwave towers to convey signals. The regulatory docisien led to AT AT being swallowed by other subsidianies Whale it birthed other teleccernmunication giants like Verivon (MacAvoy, 2008) Equally. important, ATd.'s subsiduries were some of history/s most lacrative spinaffs. The subsidiaries grew immensely on the buckatrop of ATd 1 st telecomeranication infiastructize, AT maleng them some of the most prolitable confpanies in the US. At the same time, these were numerous immediate advactares for comamers following ATATs breakip, including: a boomang market for high-quality and affordable phones across the U.S. sibilityy Sood to go The Natare of Goons and Services Before and After AT\&T's Breakup Froen the onset, the early Bell historians enpphasizod the connany's coapetitive advanlage in long-distance service. Some of the conpany's early custoticrs included business people. profersionals, whoksakn, and redailens. In the earty 19005 , the conipany introduced nickel-in-the slot coen telephiones to eppand its services to cher consumer segnente. By 1906, the company boasted of ove 40,000 such telephones in Caicago, atlowing useas to call each other within a 191-mile nadiat of the city. At its peak, ATET oaned 83 percent of telephones in the U.S, 98 percent of the long-ditunce telephone network inttastnscture, and prodsced 90 pecent of all tekphone gear in the US (MacAvoy, 2008). ATET has a divene product line coniprising vanous information tocthology devices such as mobile phoses, tables, and ottec telated accessories. The company also offers internet, utellite television, business solutions, and wireless plans (ATST, 2022) Fer instace, internet services come in vancut tarifs wich vanious speeds and fice services that can be tsed to satiafy the needs of custorner segments. Additicnally, AT \&T offers. phone harduare and connectivity services for nircless, digial, loag-distance, and landline atiblity: Good to 95 telepbony. The ability to stream content to numerous devices simultaneously and support nultiple usas sets ATETs intend and television otferings apart (AT\&T, 2022). Between 2011 asd 2016, the company's brand valse gew ftum 5692 , billion to 51073 tillion hightlphting ATET's doninance in the telecommurication indastry (figures captured in Fig 1). Therefore, ATET has evolved from the parcut company that nainty focused on loekl- ATST distance telephose services to providiag other products and services, includiag internel and butiness solutions, television sreamung and obter information technology aconssnien. AT\&T's Relationship with the U.S Goverament AT\&TS rehtionatip with the federal gorerament has been charactentred by nuznerous lawsuts that began as early as 1913 . Surgrisingly, the company is still enbroiled AT\&T's Relationship with the U.S Government AT\&T's relationship with the federal govemment has been characteriend by numctous Lrwssits that began as early as 1913. Sorprisinghy, the company is still emitciled in legal battles even in the 2 lst centoury, In 3005 , the FCC and the Department of Justice sued the company afler it altempted to acquire T-Mobile in a deal estimated at $39 billion (Bolide 202t) ATd was forced to abandon this acquistiod after pressure from federal agencies, In 2018, AT\&T suffered a najor setback again affer the foderal govemment sued the telecon giant for trying to acquare Time. Wartier in a deal estimated at approximately. $85.4 tithen (Crawford et al; 2019). The valae of Time Wamer Conpany is crpptured in Fig 2 on the last poge of this document. The antitust capes were also a blessiag because as telecommunications regulations were lifted, the ATdT subsidiaries started to metge and acquire one another to cepand their service areas. By 2018 , most of the robsidianes had merged again into the parent AT ET. Today, ATkT is the larpest telecommumications comparry globally, offering varous prodocts and services hke anternet tectnology strvices; business tolutions, and mobtie telephone servioet