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)
U.S. District Court for Wisconsin: State corporate structure regulation in relation to the Commerce Clause of the U.S. Constitution
Holding company whose utility subsidiary served Wisconsin consumers challenged in federal court the state’s holding company statute, on Commerce Clause grounds. Under the U.S. Supreme Court’s Pike v. Bruce Church precedent, a state may impose nondiscriminatory burdens on interstate commerce if the state’s purposes are legitimate and sufficient. This testimony, prepared for the State of Wisconsin, describes the state purposes served by utility regulation.