The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.
equality in shipping rates charged by railroads
The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.The Act required equality in shipping rates charged by railroads
The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.The Act required equality in shipping rates charged by railroads
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The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.The Act required equality in shipping rates charged by railroads
Part II of the act extended federal authority to motor carriers engaged in interstate commerce.
The three provisions of the Interstate Commerce Act: (1) Directed that railroad rates must be "reasonable and just" (2) Required that railroad companies publish all rates and make financial reports (3) Provided for the creation of the Interstate Commerce Commission, and independent regulatory agency, to investigate alleged abuses and stop them
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