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Judicial Review of Agency Ratemaking Decisions

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What is the primary standard of review for judicial review of agency ratemaking decisions?

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A
Arbitrary and capricious
💡 Explanation:

The primary standard of review for judicial review of agency ratemaking decisions is the arbitrary and capricious standard. This standard requires the court to determine whether the agency's decision was based on a rational connection between the facts found and the choice made.

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