Effective Regulation of Public Utilities
The essential fact of life—for regulation as well as for antitrust—is that data about the past, predictions about the future, and judgments about anything are not always extant, costless, reasonably obtainable, or very reliable. Furthermore, decision-makers everywhere are of mixed quality and sometimes of no quality at all.
Phillip Areeda, "Antitrust Laws and Public Utility Regulation," The Bell Journal of Economics and Management Science (Spring 1972)
Scott Hempling Rebuttal Testimony on Nextera Acquisition of Hawaiian Electric
This is Scott Hempling's rebuttal testimony on the Nextera Acquisition of Hawaiian Electric before the Public Utilities Commission of the State of Hawaii in October 2015. To see the Scott Hempling's original testimony on the Nextera Acquisition of Hawaiian Electric click here.