Originally designed to prevent unfair business practices in the railroad industry. In other words,it was to lover excessive railroad rates.
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Part II of the act extended federal authority to motor carriers engaged in interstate commerce.
Interstate commerce act of 1887.
In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.
The goal of the Interstate Commerce Act of 1887 was to regulate the railroad industry and its monopolistic practices, ensuring fair rates for farmers and consumers. It aimed to eliminate discriminatory practices and promote competition by establishing the Interstate Commerce Commission (ICC), which would oversee railroad operations. The act sought to provide a framework for fair pricing and transparency in the transport of goods across state lines. Ultimately, it was a significant step toward federal regulation of private industry.
To regulate commerce and business in the United States and establish a center authority of all commerce in all states of the US
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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
because
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