Wiki User
∙ 12y agoThe Interstate Commerce Commission (ICC) regulated commercial transportation between the states: railroads, trucking, shipping, air freight; basically it regulated anything that moved goods. It originally started with the growth and development of railroads during the 19th century. The railroads in general were owned by fabulously wealthy investors, since it took a vast amount of capital to lay tracks and purchase the expensive engines and cars, the "high technology" of their day. In return for vast investments, the railroads expected vast profits, and they engaged in all sorts of unsavory tactics that were unfair to their customers. The ICC was established in 1887 following a Supreme Court decision in favor of railroads that ONLY the U.S. government could regulate interstate commerce, another blow against State's Rights. The U.S. Constitution only says the following about interstate commerce, describing the power of Congress: "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes". Everything else that has come after is the result of legislation and court decisions.
It was the first Federal law that regulated Big Business
It's not regulated
Regulation Z deals with the "Truth in Lending".
true
The Interstate Commerce Commission regulated the freight rates of railroads.
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 Commission (ICC) regulated commercial transportation between the states: railroads, trucking, shipping, air freight; basically it regulated anything that moved goods. It originally started with the growth and development of railroads during the 19th century. The railroads in general were owned by fabulously wealthy investors, since it took a vast amount of capital to lay tracks and purchase the expensive engines and cars, the "high technology" of their day. In return for vast investments, the railroads expected vast profits, and they engaged in all sorts of unsavory tactics that were unfair to their customers. The ICC was established in 1887 following a Supreme Court decision in favor of railroads that ONLY the U.S. government could regulate interstate commerce, another blow against State's Rights. The U.S. Constitution only says the following about interstate commerce, describing the power of Congress: "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes". Everything else that has come after is the result of legislation and court decisions.
Railroads
In the United States, the first industry to be regulated by the government was the railroad industry. This was done through the Interstate Commerce Act of 1887.
It was the first Federal law that regulated Big Business
To get Federal involvement through the Interstate Commerce Commission, to get cases to the US Supreme Court if necessary. (because it was regulated by the federal government) <- novaNET answer. [novanetters unite!!]
The Interstate Commerce Act regulated the railroad industry. It was passed in 1887 and aimed to regulate railroad rates and practices that were deemed unfair and discriminatory towards small businesses and farmers. It was one of the first major federal regulations on a private industry.
it was the first time the U.S government regulated an industry's prices.
None, insurance is regulated by states.
GLUT4 is the insulin-regulated glucose transporter found in adipose tissues and striated muscles (skeletal and cardiac) that is responsible for insulin-regulated glucose disposal."Allows equilibrium with blood-bidirectional".
There are two levels of government responsible for regulating payday loans. These forms of loans are regulated by the federal and state levels of government.