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A comment on Investor-owned utilities charge 23% more for electricity than public providers. Parent comment

Re:Investor-owned utilities charge 23% more for electricity ... by 2OEH8eoCRo0 on Friday October 23, 2026 @10:13AM (#50209396)
This behavior may have started with Dodge v. Ford.

tl;dr Ford wanted to invest profits back into Ford company and Dodge forced them in court to pay dividends instead.

https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

> Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than for the benefit of his employees or customers.

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Re:Investor-owned utilities charge 23% more for electricity ... by throw0101c on Friday October 23, 2026 @10:33AM (#50209763)
That quoted sentence does not accurately summarize the ruling; see §Significance in the article.

For a fuller treatment see:

* https://scholarship.law.cornell.edu/facpub/771/

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