1script - 1:32 am on Nov 14, 2011 (gmt 0)
It took the Fed 60+ years from the first attempts to break the monopoly to actually succeeding legally, and then it took another 10 years to take hold practically. We'll be all dead by then.
Regulation came down hard on Ma Bell / AT&T as per anti-trust issues.
On the other hand, back then the good people of DoJ could not just google define:monopoly :) They can now ... Whether they'll do it is a different story.