Editor’s Column

Vol. 53 No. 2


Richard D. Cudahy is a senior circuit judge of the United States Court of Appeals for the Seventh Circuit. Prior to his appointment to the court, he was the resident partner in the Washington, D.C., office of the former Chicago law firm of Isham, Lincoln, and Beale.

The importance of transmission as a key to the future of electric power can hardly be overemphasized. Today’s Infrastructure presents a wide-ranging and insightful view of the whole transmission story with emphasis on how regulatory requirements impinge on the need for more and better transmission. Of course, the development of operable generation is highly dependent on adequate transmission. And, transmission built in the traditional state-focused pattern is far from ideal as a basis for modern needs.

Our other article contains my observations about the proposed merger of American Airlines and US Airways. Hopefully, you may find this good reading, or even mildly stimulating, if not laden with valid insights. There may be some connections between deregulation and mergers, which also interconnect, to one degree or another, with antitrust laws. No doubt we could have brought you something more likely to enter the classic literature of antitrust. But, the events of the last few weeks and months are hard to surpass in marches up the antitrust hill and then down again.

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