The Deal of the Century

Steve Coll's 'The Deal of the Century' is a masterful account of the AT&T antitrust case, praised for its depth of research and narrative flair. The book excels in presenting complex legal and business concepts in an accessible manner, making it appealing to both experts and general readers. However, some critics note that the detailed account of legal proceedings may overwhelm those less familiar with antitrust law. Despite this, the book's strengths lie in its vivid character portraits and its ability to convey the high stakes of corporate battles. It's a seminal work that offers valuable insights into the dynamics of power and regulation in the business world.

In 'The Deal of the Century,' Steve Coll chronicles the dramatic breakup of AT&T, a landmark event in American business history. The book traces the origins of the antitrust lawsuit against AT&T, detailing the strategies employed by both the government and the corporation. Coll provides a comprehensive overview of the legal battles, the key players involved, and the eventual settlement that led to the division of the Bell System. Through meticulous research and interviews, the author sheds light on the implications of the case for the telecommunications industry and antitrust policy. This narrative not only recounts a pivotal moment in business but also explores themes of innovation, competition, and the role of government in regulating monopolies.