Opinion: California Regulators Must Protect Both Consumers and Company Profits ...Middle East

Times of San Diego - News

The California Public Utilities Commission headquarters in San Francisco. Courtesy of the agency In the late 19th and early 20th centuries, the Southern Pacific Railroad wielded almost total control over California’s politics, angering farmers who believed they were being gouged by high freight rates and fueling a powerful populist movement. Farmers’ complaints spawned several efforts to regulate them and finally gave birth in 1911 to the California Railroad Commission. Just a year later, the commission’s rate-setting authority was expanded to natural gas, electric power, telephone and water utilities. In 1946, its name was changed to the California Public Utilities Commission.

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Last updated : 07 June 2024 clock 10:57 PM

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Opinion: California Regulators Must Protect Both Consumers and Company Profits ...Middle East

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