confiscatory order or regulation
- confiscatory order or regulation
-
A rate order or regulation fixing the rate or rates of a common carrier or public utility so low that the carrier or utility is deprived of a fair return on its investment, or providing rates so low that they tend toward depriving the carrier or utility of a fair return. Pennsylvania Railroad Co. v Philadelphia County. 220 Pa 100, 68 A 676; Minneapolis, St. Paul & Sault Ste. Marie Railroad Co. v Railroad Com. of Wisconsin, 136 Wis 146, 116 NW 905.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
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