answersLogoWhite

0

The Interstate Commerce Act of 1887 increased federal regulation of the railroad industry by prohibiting discriminatory practices and requiring that rates be "reasonable and just." It established the Interstate Commerce Commission (ICC) to oversee and enforce these regulations, marking the first time the federal government intervened in the economy to regulate private industry. This act aimed to ensure fair competition and protect consumers from exploitative practices by railroads.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

The Interstate Commerce Act was passed to?

??


What is Part II of the Interstate Commerce Act?

Part II of the act extended federal authority to motor carriers engaged in interstate commerce.


What did the Interstate Commerce Act?

Railroad prices


When was Interstate Commerce Commission created?

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


Which act authorized the ICC to set railroad rates and to regulate other companies engaged in interstate commerce such as pipelines and ferries?

Interstate commerce act of 1887.


Who were the key participants in the interstate commerce act?

In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.


What was the act that ended railroads kickbacks?

The Interstate Commerce Act


What is an example of granger law?

Interstate Commerce Act


What law passed to stop monopolies?

Clayton Act Interstate commerce act


What has the author Henry Sandwith Drinker written?

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


Who supervised railroads after the Interstate Commerce Act was passed?

because


What Act was an attempt to restrict a monopoly of the US oil industry?

Interstate commerce act