The Interstate Commerce Act regulated the railroad industry. It was passed in 1887 and aimed to regulate railroad rates and practices that were deemed unfair and discriminatory towards small businesses and farmers. It was one of the first major federal regulations on a private industry.
In the United States, the first industry to be regulated by the government was the railroad industry. This was done through the Interstate Commerce Act of 1887.
it was the first time the U.S government regulated an industry's prices.
Its the railroad industry
In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation.
Interstate commerce act
Grover Cleveland
The Interstate Commerce Act of 1887 and the Hepburn Act of 1906 regulated shipping rates within the railroad industry in the United States. These acts aimed to prevent unfair practices and discrimination in rail transportation, as well as to promote fair and reasonable rates.
It was the first Federal law that regulated Big Business
The Interstate Commerce Act of 1887 is a federal law regulating the railroad industry. It was meant to eliminate the monopoly that railroad companies had on transportation of people and goods.
false.. it was the chicken eating jungle monkeys who established the industry
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Railroads and communications. It strengthened the (very weak and ineffective) Interstate Commerce Act of 1887 and the Elkins Act of 1903 and the Hepburn Act of 1906 which also regulated railroads.