Interstate Commerce Commission

The Interstate Commerce Commission (ICC) was a regulatory body 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. The agency was abolished in 1995, and its remaining functions were transferred to the Surface Transportation Board.

The Commission's five members were appointed by the President of the United States with the consent of the United States Senate; the commission was authorized to investigate violations of the Act and order the cessation of wrongdoing. However, ICC orders required an order by a federal court to become effective. The Interstate Commerce Act was the first independent regulatory body (or so-called Fourth Branch), as well as the first regulation of big business in the U.S.

Read more about Interstate Commerce CommissionCreation, Initial Implementation and Legal Challenges, Expansion of ICC Authority, Esch–Cummins Act: Consolidation, Later Years, Abolition, Legacy, Racial Integration of Transport

Other articles related to "interstate commerce commission, commission, interstate":

Regulatory Capture - Examples - American Examples - Interstate Commerce Commission
... political scientists, and economists have often used the Interstate Commerce Commission (ICC), a now-defunct federal regulatory body in the United States, as a classic example of regulatory capture ... He replied, "The Commission… is, or can be made, of great use to the railroads ... Further, the older such a commission gets to be, the more inclined it will be found to take the business and railroad view of things.… The part of ...
Southern Pacific Transportation Company - Timeline
... government takes control of American railroads in preparation for World War I 1923 The Interstate Commerce Commission allows the SP's control of the Central Pacific to continue, ruling that the ... When the Interstate Commerce Commission refuses permission for the planned merger of the railroad subsidiaries as the Southern Pacific Santa Fe Railroad SPSF shortens its name to ... August 9, 1988 the Interstate Commerce Commission approves the purchase of the Southern Pacific by Rio Grande Industries, the company that controlled the Denver and Rio Grande Western ...
Interstate Commerce Commission - Racial Integration of Transport - Relationship Between Regulatory Body and The Regulated
... ." In at least two landmark cases, however, the Commission sided with the railroads rather than with the African-American passengers who had filed complaints ... Court took a more expansive view of the Act than the Commission ... in civil disobedience to desegregate interstate buses) ...
Paul P. Hastings - Professional Life: Public Testimony
... The Interstate Commerce Commission (ICC) sought to see that the public was being well served ... Some of his appearances were October 17, 1914, Chicago, Interstate Commerce Commission ... September 15, 1922, Oakland, Interstate Commerce Commission ...
Charles A. Prouty - Interstate Commerce Commission
... fellow commissioners, as Chairman of the Commission from 1912-1913 ... While on the Commission, he urged Congress to increase regulation of railroad rates, and allow the Commission to value railroad property ... resigned, effective in 1914, to become the Commission's first Director of Valuation ...

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