Roger Noll and Jerry Hausman examined the role of regulation and the impact of the breakup of AT&T in the 1980s in the case U.S. v. AT&T, which reshaped the telecommunications market. In 1982 AT&T agreed to a settlement that would break up the company, and the divestiture began in 1984. Paul Barbagallo was the guest reporter.
Professor Noll participated by video link from Stanford, California, and Professor Hausman from Cambridge, Massachusetts.