The Interstate Commerce Act of 1887: Purpose and Impact

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The main purpose of the Interstate Commerce Act of 1887 was to regulate the railroad industry, particularly its monopolistic practices. The Act aimed to ensure fair rates, eliminate rate discrimination, and require railroads to publish their rates publicly. By establishing the Interstate Commerce Commission (ICC), the government sought to oversee railroad operations and protect shippers and consumers from unfair pricing and practices. This legislation marked a significant step in government regulation of private industries in the United States.

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