The ICC, or the Interstate Commerce Commission, was formed to oversee railroad operations, ensuring fair rates and regulate rate discrimination. They also would regulate bus lines and telephone companies.
The correct answer is A. The ICC was formed to oversee railroad operations.
Explanation:
The Interstate Commerce Commission was established by the Interstate Commerce Act, a federal law of February 4, 1887. The ICC was the first independent agency at the federal level. With the approval of the US Senate, the President of the United States appointed its members, who had a degree of independence in their decisions.
The original purpose of the ICC was to regulate rail transport (and later also truck traffic). From 1910 to 1934 it also regulated the telephone services between the states. This responsibility was transferred in 1934 to the newly created Federal Communications Commission. Due to various deregulation measures of the US Congress in the 1970s and 1980s, the ICC lost more and more skills. It was abolished in 1995. The responsibilities that have been left to it were handled by the Surface Transportation Board.
