In 1887, the first regulatory agency, the Interstate Commerce Commission, was created to regulate monopolistic pricing policies of railroads.
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Interstate Commerce Commission
The interstate commerce commission was established to regulate railroads. It was meant to eliminate rate discrimination and make sure fair rates were being used.
The interstate commerce commission was established to regulate railroads. It was meant to eliminate rate discrimination and make sure fair rates were being used.
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
The Interstate Commerce Commission started on February 4, 1887.
Interstate commerce commission
The Interstate Commerce Commission was not directly related to political corruption.
The regulatory body in the US is the Interstate Commerce Commission.
it was the Department of Transportation
The Interstate Commerce Commission (ICC) was created in 1887 to regulate the railroads. Its main purpose was to oversee railroad rates and ensure fair practices in the industry. The ICC had the authority to investigate complaints, issue regulations, and enforce laws related to railroad operations.