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.
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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
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
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Interstate commerce act