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In 1995, the US Interstate Commerce Commission (ICC) was abolished, and its regulatory responsibilities were transferred to the Surface Transportation Board (STB). The STB was established as an independent agency within the Department of Transportation and is primarily responsible for economic regulation of railroads, as well as certain aspects of trucking and water carriers.

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4w ago

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Related Questions

Does the interstate commerce commission still exist?

No,it was abolished in 1995 and its remaining functions were transferred to the Surface Transportation Board


Which of these agencies regulates other aspects of commercial transportation by railroad and highway and domestic waterways?

The Interstate Commerce Commission was a regulatory agency created by the Interstate Commerce Act of 1887. The agency was abolished in 1995, and its remaining functions were transferred to the Surface Transportation Board.


In 1995 the interstate commerce commission was abolished and its tasks were transfered to which agency?

The Surface Transportation Board.


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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


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Interstate commerce commission


What year did the interstate commerce commission start?

The Interstate Commerce Commission started on February 4, 1887.


What agency licenses and regulates all railroads?

The regulatory body in the US is the Interstate Commerce Commission.


Which of these was not directly related to political corruption?

The Interstate Commerce Commission was not directly related to political corruption.


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it was the Department of Transportation


Which of these agencies regulates all commercial transportation by railroads highways and domestic waterways?

interstate commerce commission


The creation of the Interstate Commerce Commission in 1887 was due to?

In 1887, the first regulatory agency, the Interstate Commerce Commission, was created to regulate monopolistic pricing policies of railroads.


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Economics is most directly related to the reason the Interstate Commerce Commission was created.