How did the elkins act hurt cooperations?

Answer 1

The Elkins Act of 1903 aimed to curb the practices of railroads that offered rebates to favored shippers, which often included large corporations. By prohibiting these discriminatory pricing practices, the Act leveled the playing field for smaller competitors, potentially reducing the competitive advantages that large corporations held. This regulatory change limited the ability of corporations to negotiate lower shipping costs through rebates, ultimately increasing their operational expenses and impacting their profit margins. As a result, the Act sought to promote fair competition, which could undermine the dominance of established corporations in the market.