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The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.
The Act required equality in shipping rates charged by railroads
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When was Interstate Commerce Commission created?
President Grover Cleveland signed the Interstate Commerce Act of 1887 and created the Interstate Commerce Commission (ICC), the U.S. government's first regulatory agency
Congress passed the interstate commerce act 1887 and the sherman antitrust act 1890 in response to?
Congress passed the Interstate Commerce Act of 1887 and the Sherman Antitrust Act of 1890 in response to prohibit monopolies. Who likes Pizza cause I do
Which act authorized the ICC to set railroad rates and to regulate other companies engaged in interstate commerce such as pipelines and ferries?
Interstate commerce act of 1887.
Who were the key participants in the interstate commerce act?
In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.
Congress passed the Interstate Commerce Act of 1887 and the sherman antitrust 1890 in response to?
Congress passed the Interstate Commerce Act of 1887 and the Sherman Antitrust Act of 1890 in response to prohibit monopolies. Who likes pizza cause I do
The interstate commerce act of 1887 required what?
equality in shipping rates charged by railroads
The Interstate Commerce Act of 1887 came about because of?
public resentment over railroad abuses.
The creation of the Interstate Commerce Commission in 1887 was due to?
In 1887, the first regulatory agency, the Interstate Commerce Commission, was created to regulate monopolistic pricing policies of railroads.
What did interstate commerce act of 1887 require?
The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.The Act required equality in shipping rates charged by railroads
What is the most significant change in the US rail policy since the Interstate Commerce Act?
the Staggers Rail Act, which has resulted in rail profits and improved service. The act marked the most significant change in rail policy since the Interstate Commerce Act of 1887.
What year did the interstate commerce commission start?
The Interstate Commerce Commission started on February 4, 1887.
How did the interstate commerce act 1887 help farmers?
It prevented railroads from charging farmers more than other customers.
