Interstate Commerce Commission (ICC)
Contents
Exploring the Legacy of the Interstate Commerce Commission (ICC)
Dive into the history and impact of the Interstate Commerce Commission (ICC), a regulatory body that shaped the landscape of transportation and commerce in the United States from 1887 to 1995.
Origins and Evolution of the ICC
Discover how the ICC emerged in response to public outcry over railroad monopolies and evolved to regulate various modes of transportation, including railroads, pipelines, and telecommunications. Explore its role in setting rates, organizing mergers, and resolving labor disputes.
Assessing the Impact of Regulation
Examine the effectiveness of ICC regulation in balancing the interests of businesses, consumers, and competitors. Learn about criticisms of the ICC's regulatory practices and its influence on the development of federal regulatory agencies.
Deregulation and the End of the ICC
Explore the factors that led to the dismantling of the ICC, including the shift towards deregulation in the late 20th century. Understand how the ICC's responsibilities were transferred to other government entities and the lasting legacy of its regulatory framework.