Anti-Monopoly

Public Utility Holding Company Act Breaks Up Utility Monopolies

1935-08-26 00:00:00 +0000 UTC | Importance: 8/10

President Franklin D. Roosevelt signs the Public Utility Holding Company Act (PUHCA) into law on August 26, 1935, based on the 1928-1935 Federal Trade Commission investigation of the electric industry that exposes widespread abuses by large multistate utility corporations. The Act addresses …

Franklin D. Roosevelt Federal Trade Commission Electric Utility Industry Securities and Exchange Commission (SEC) utility-regulation new-deal anti-monopoly regulatory-victory corporate-restructuring +1 more