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The Interstate Commerce Commission (or ICC) was a regulatory body in the United States created by the Interstate Commerce Act of 1887, which was signed into law by President Grover Cleveland. The agency was abolished in 1995, and the agency's remaining functions were transferred to the Surface Transportation Board.The Commission's five members were appointed by the President with the consent of the United States Senate. This was the first independent agency (or so-called Fourth Branch). The ICC's original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers.

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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?

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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

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