Interstate Commerce Act,
1887 regulatory law. Railroads were the earliest major corporations whose interests transcended state boundaries. In some places, railroads competed for traffic, but over long stretches of their tracks they were monopolies. As common carriers, they were forbidden by their charters to discriminate among customers. Nevertheless, to lure traffic between competitive points, railroads offered larger shippers rebates—and charged less for a competitive long haul than for a monopolistic short haul. With their prosperity threatened by railroad pricing practices, farmers, merchants, communities, and even entire regions turned to politics for redress. Abandoning their free-market ... ...
Access to the complete content on Oxford Reference requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
Please subscribe or login to access full text content.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.
For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.
