84TH CONGRESS) 2d Session 83919 SENATE A STUDY OF THE ANTITRUST LAWS STAFF REPORT OF THE SUBCOMMITTEE ON ANTITRUST AND MONOPOLY OF THE COMMITTEE ON THE JUDICIARY PURSUANT TO S. Res. 170 To Study the Antitrust Laws of the United States, ATTEMPTED MERGER OF PUGET SOUND POWER WATER POWER CO. Printed for the use of the Committee on the Judiciary UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON: 1956 PURCHASED THROUGH DOC. EX. PROJECT ESTES KEFAUVER, Tennessee WILLIAM LANGER, North Dakota CONTENTS Page 6 81307248 25 III I. Introduction_. II. Summary of events. III. Conclusions.. IV. Description of the companies and other power interests in the area V. The stakes involved in the merger of Puget and Washington.. VI. Efforts to influence the regulatory agencies.. VII. The merger story in detail. LETTER OF TRANSMITTAL OCTOBER 22, 1956. Hon. JAMES O. EASTLAND, Chairman, Committee on the Judiciary, United States Senate, Washington, D. C. DEAR SENATOR EASTLAND: The Subcommittee on Antitrust and Monopoly herewith transmits for the information of the members of the Committee on the Judiciary, a staff report entitled "Attempted Merger of Puget Sound Power & Light Co. and the Washington Water Power Co." This report is based on hearings held by the subcommittee on September 21, 22, and 23, 1955, and subsequent investigation and study made by the staff this year. By designation of the late Senator Harley M. Kilgore, I acted as chairman at the hearings. This report was prepared by George E. Clifford, Malcolm S. Mecartney, Wilbur D. Sparks, and Louis Rosenman, of the subcommittee staff, under the direction of Joseph W. Burns and his successor, Donald P. McHugh, chief counsel and staff director. JOSEPH C. O'MAHONEY, Acting Chairman, Subcommittee on Antitrust and Monopoly. |