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The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. [1] The Act required that railroad rates be "reasonable and just", but did not empower the government to fix specific rates.
The Interstate Commerce Commission (ICC) was a regulatory agency in the United States created by the Interstate Commerce Act of 1887.The agency's original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including interstate bus lines and telephone companies.
Interstate Commerce Act of 1887 Virginia , 364 U.S. 454 (1960), was a landmark decision of the US Supreme Court . [ 1 ] The case overturned a judgment convicting an African American law student for trespassing by being in a restaurant in a bus terminal which was "whites only".
The Interstate Commerce Act of 1887 began a shift towards federal rather than state regulation of big business. [citation needed] It was followed by the Sherman Antitrust Act of 1890, the Clayton Antitrust Act and the Federal Trade Commission Act of 1914, the Robinson-Patman Act of 1936, and the Celler-Kefauver Act of 1950.
Wickard v. Filburn, 317 U.S. 111 (1942), was a landmark United States Supreme Court decision that dramatically increased the regulatory power of the federal government. It remains as one of the most important and far-reaching cases concerning the New Deal, and it set a precedent for an expansive reading of the U.S. Constitution's Commerce Clause for decades to come.
This act forced railroad companies to publish their rates with the government and banned railroads from charging different rates for short and long hauls. This 1887 act also created the Interstate Commerce Commission , which regulated the rates of railroads and ensured the rates remained “reasonable and just”.
The Elkins Act is a 1903 United States federal law that amended the Interstate Commerce Act of 1887. The Act authorized the Interstate Commerce Commission (ICC) to impose heavy fines on railroads that offered rebates, and upon the shippers that accepted these rebates. The railroad companies were not permitted to offer rebates.
United States v. Interstate Commerce Commission, 337 U.S. 426 (1949), is a decision of the Supreme Court of the United States addressing several issues, including the judicial standard of one party's inability to sue itself, the ability of the United States government specifically to sue federally affiliated departments, and the ability of courts to determine legislative intent.