Rate regulation
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 211 U.S. 265 - Home Telephone Telegraph Company v. City of Los Angeles · 1908Most cited · 344 citing opinions
The power to fix, subject to constitutional limits, the charges of such a business as the furnishing to the public of telephone service, is among the powers of government, is legislative in its character, continuing in its nature, and capable of being vested in a municipal corporation. ... rate regulation is purely a legislative function.