Tri County Telephone Ass'n v. Wyoming Public Service Commission

TAYLOR, Justice.

Overzealous regulation by an administrative agency thwarted U S West Communications, Inc.’s attempt to sell certain telephone exchanges in Wyoming. The administrative agency set a cap on the sale price of certain telephone exchanges. In the absence of statutory authority, the administrative agency’s order cannot stand.

We reverse and remand.

I.ISSUES

Appellant, U S West Communications, Inc. (U S West), states the issues as:

I

Should the PSC’s unilateral adjustment of the telephone exchange purchase price be set aside as unlawful agency action?

II

Is the price cap imposed by the PSC…