The Interstate Commerce Act of 1887 regulated the railroad industry, especially its monopolistic practices. The measure required that railroad rates be “reasonable and just” and that railroads publicize shipping rates. However, it did not empower the government to set rates. The law also created the Interstate Commerce Commission (ICC), to oversee railroads and ensure that they complied.
Before you copy and paste this information to your website, please keep in mind this research took a lot of effort. Appreciate it. Learn from it. But do not plagiarize it. Yes, if you think we might be talking to you, we are.