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1 year ago

The interstate commerce act gave the right to supervise railroad activities to?

1 answer:

8 0

The Interstate Commerce Act, which applied the "Commerce Clause" of the Constitution—which gave Congress the authority "to Regulate Commerce with Foreign Nations, and among the several States"—to regulating railroad rates—was approved by the Senate and the House on February 4, 1887.

<h3>What did the Interstate Commerce Act intend to achieve?</h3>

An American federal statute known as the Interstate Commerce Act of 1887 was created to control the railroad sector, notably its monopolistic tactics. Although the Act mandated that railroad rates be "reasonable and just," it did not grant the government the authority to set particular prices. legislation passed by Congress that created the Interstate Commerce Commission, required railroads to publish minimum rates, and outlawed rebates and pools. Railroads quickly mastered the use of the Act for their own purposes, but also provided the government with a crucial tool for controlling large corporations.

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