Pacific Telephone & Telegraph Co. v. Public Utilities Commission

On July 26, 1962, respondent Public Utilities Commission of the State of California (commission) on its own motion initiated a general investigation of the rates, charges and services of petitioner The Pacific Telephone and Telegraph Company (Pacific). Extended hearings were held, and in June 1964 the commission issued its decision No. 67369 ordering that Pacific’s intrastate rate of return and its *642rates be reduced for all service rendered on and after July 26, 1962, and that Pacific refund to customers some $80,000,000 collected since that date in excess of the new rates prescribed by the…