Mark the boxes that are TRUE. 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. 2. The Federal Aviation Administration regulates the airlines. 3. The Federal Newspaper Association regulates the free speech in newspapers.4. The Securities and Exchange Commission regulates the stock market. 5. The Federal Reserve Board regulates the postal system. 6. The Interstate Commerce Commission polices monopolistic practices. 7. The Federal Reserve Housing regulates the housing prices in America.

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.

TRUE

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.

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.

TRUE

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.

2. The Federal Aviation Administration regulates the airlines.

TRUE

The Federal Aviation Administration (FAA) is the regulatory arm of the government of the United States which controls all aspects of civil aviation.

3. The Federal Newspaper Association regulates the free speech in newspapers.

FALSE

It is the Federal Communications Commission

4. The Securities and Exchange Commission regulates the stock market.

TRUE

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.

5. The Federal Reserve Board regulates the postal system.

FALSE

The Federal Reserve Board governs the Federal Reserve System and the U.S. central bank in charge of making the country's monetary policy.

6. The Interstate Commerce Commission polices monopolistic practices.

FALSE

Interstate Commerce Commission (ICC), was charged with regulating the services of specified carriers engaged in transportation between states.

7. The Federal Reserve Housing regulates the housing prices in America.

False

That would have been the United States Housing Authority

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