OCR Text |
Show WOULD DISSOLVE COMPANY. Petition Filed by Citizen of New York Asks for Investigation of Alleged Telephone Monopoly. New York. A petition to dissolve the American Telephone and Telegraph Tele-graph company on the ground that it is a monopoly In violation of the provisions pro-visions of the Sherman law, was made public here Tuesday, a few hours In advance of Its present a' Ion to United States Attorney General Vkkernham in Washington. According to the petition, the American Amer-ican Telephone and Telegraph company, com-pany, which controls the CeRttrn Union Telegraph company and eight subsidiary telephone companies in various parts of the United States, Is one of the largest financial concerns in the world, having a capital of nearly near-ly 11,000,000,0(10, nd it dominates the telephone business of the country. The petitioner points out that by reason of the company's control of subsidiary concerns In all parts of t.ie country, the Independents are practically practi-cally barred from competition. |