Public utilities commission
A public utilities commission is a quasi-governmental body that provides oversight and/or regulation of public utilities in a particular area (locality, municipality, or subnational division), especially in the United States and Canada.
The utilities in question may be owned by the consumers that it serves, a mutual utility like a public utility district, a state-owned utility, or it may be a stockholder-owned utility either publicly traded on a stock exchange or closely held among just a few investors. These utilities often operate as legal monopolies, which means that they do not compete in a marketplace but are instead regulated by commissions to ensure fair pricing.
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