Interstate Commerce Commission

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Related to Interstate Commerce Act: Interstate Commerce Commission, Andrew Carnegie, William Jennings Bryan, Sherman Antitrust Act

Interstate Commerce Commission

A former organization of the U.S. federal government established to regulate railroads. Among other things, it ensured fair prices for consumers and attempted to prevent racial discrimination on rail. Its jurisdiction was later expanded to include trucking. It was established in 1887 and was abolished in 1995.
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9 As originally enacted in 1887, the Interstate Commerce Act provided, in part:
The heart of the Interstate Commerce Act is inapplicable to ICC regulated motor contact carriage unless specifically codified.
industry subject to economic regulation with passage in 1887 of the Interstate Commerce Act.
Such relief, said the Supreme Court, would have the effect of reducing the shipper's transportation costs, and, under the comprehensive regulatory regime of the Interstate Commerce Act,(4) only the Interstate Commerce Commission, and not the courts, was authorized to approve changes in the railroads' rates.
Until the Interstate Commerce Act in 1887, the commerce clause was only used to overturn state restrictions on interstate commerce.
This year offers an opportunity to bring significant changes to the Interstate Commerce Act, and I want to help make certain that those changes build on past regulatory reform to give railroads the chance to fairly compete in the transportation marketplace," he said.
Wilner writes that from the beginning, the Association's "object [was] to promote the proper administration of the Interstate Commerce Act and related acts, to uphold the honor of practice before the Interstate Commerce Commission, and to encourage cordial intercourse among the practitioners".

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