It was the first Federal law that regulated Big Business
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
The Interstate Commerce Act made it easier to trade between states. This was due to having no tariffs among them. This was groundbreaking because everything was taxed originally at 4 percent.
Its the railroad industry
The authority of the Interstate Commerce Commission was strengthened
The Interstate Commerce Act primarily affected the railroad industry. Enacted in 1887, it aimed to regulate railroads and ensure fair rates, eliminate rate discrimination, and curb monopolistic practices. By establishing the Interstate Commerce Commission, the Act sought to oversee and enforce regulations in the transportation sector, particularly focusing on interstate rail transport. Its passage marked a significant step in federal regulation of private industry in the United States.
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It was created to strengthen the authority of the Interstate Commerce Commission.
Part II of the act extended federal authority to motor carriers engaged in interstate commerce.
Railroad prices
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
Interstate commerce act of 1887.
In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.
The Interstate Commerce Act
Interstate Commerce Act
Clayton Act Interstate commerce act
Henry Sandwith Drinker has written: 'A treatise on the Interstate commerce act, and digest of decisions construing the same' -- subject(s): Interstate commerce 'A treatise on the Interstate commerce act' -- subject(s): Interstate commerce 'The chamber music of Johannes Brahms' -- subject(s): Analysis, appreciation, Chamber music
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