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In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.
Grover Cleveland
The first federal law regulating railroads in the United States was passed on February 14, 1887. It was called the Interstate Commerce Act. The act was primarily aimed at regulating unfair and discriminatory practices by railroads and creating the Interstate Commerce Commission (ICC) to oversee the industry.
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Railroads and communications. It strengthened the (very weak and ineffective) Interstate Commerce Act of 1887 and the Elkins Act of 1903 and the Hepburn Act of 1906 which also regulated railroads.
The Interstate Commerce Act of 1887 was largely influenced by the efforts of various reformers and politicians, most notably Congressman William McKinley and Senator John H. Mitchell. However, it was President Grover Cleveland who played a crucial role in advocating for the legislation, recognizing the need to regulate the railroads to curb monopolistic practices and protect consumers. The act established the Interstate Commerce Commission (ICC) to oversee and enforce regulations on railroad rates and practices.
1887: The Interstate Commerce Act which attacked monopolies and competition. 1890: Sherman Antitrust Act which attacked contracts made between businesses.
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Clayton Act Interstate commerce act
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
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
It strengthened the Interstate Commerce Act.