William Catacosinos has resigned as chairman of MarketSpan Corp., the utility formed to replace the troubled Long Island Lighting Co. Catacosinos is under investigation by...
with competition within the bastion of distribution. It is only a matter of time¼
THE TIME OF THE NATURAL MONOPOLY over distributions services will, in my estimation, be over much sooner than the conventional wisdom in this industry would have us believe.
Source: Excerpts from concurring opinions written by Commissioner Jessie J. Knight Jr., in Rulemaking 92-03-050, Decision 97-12-098 and Decision 97-12-099, Dec. 16, 1997. (Cal.P.U.C.).
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