Home > Journals > Michigan Law Review > MLR > Volume 22 > Issue 7 (1924)
Abstract
It has been often remarked that the property of a public utility is privately owned, and it was not until recent years that its owners ceased to insist that they had all the rights of a private owner in the use and enjoyment of the property. Munn v. Illinois was a rude jar, but it has withstood the storm it aroused, at least to the extent that it is no longer questioned that property devoted to a public use is subject to public regulation, especially as to the charges that may be made to the public for the use. During the last thirty years the right of rate regulation has been admitted. The storm has raged about the determination of the base on which the rate is to be reckoned.
Recommended Citation
Edwin C. Goddard,
FAIR VALUE OF PUBLIC UTILITIES,
22
Mich. L. Rev.
652
(1924).
Available at:
https://repository.law.umich.edu/mlr/vol22/iss7/3