Instead, the commission will set price caps on the services.
There's an ocean of difference between a price cap and a tax.
The price cap can be changed if conditions warrant it.
California tried to impose price caps on its market when the crisis began in 2000.
The law cut consumer rates by 10 percent and established future price caps.
Price caps may sound more attractive with every passing rate case.
But under that price cap, I discovered a wide range of machines.
California is the first state to adopt such a framework of price caps.
But not everybody in Congress is prepared to denounce price caps.
The company says its long-distance rates dropped by $462 million during the first 12 months after it came under price caps on July 1, 1989.
