With respect to U.S. economic regulation, the ____ has primary responsibility for resolving railroad rate and service disputes, reviewing potential rail mergers, and some jurisdiction over motor carriers, domestic water transportation, and pipelines.
A) Surface Transportation Board
B) Interstate Commerce Commission
C) Federal Trade Commission
D) Department of Commerce

Question

Quizplus · Accepted Answer

The Surface Transportation Board (STB) is the federal agency responsible for resolving railroad rate and service disputes, reviewing potential rail mergers, and has jurisdiction over certain aspects of motor carriers, domestic water transportation, and pipelines. The Interstate Commerce Commission (ICC) was abolished in 1995, and its functions were transferred to the STB.

With Respect to U