Which of the following imposed regulation on its industry?
A) Bus Regulatory Reform Act of 1982
B) Staggers Rail Act of 1980
C) Motor Carrier Act of 1982
D) Interstate Commerce Act of 1887.

Question

Quizplus · Accepted Answer

The Interstate Commerce Act of 1887 was a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. It required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates. It marked the beginning of federal regulatory policy in the U.S. The other acts listed were more about deregulating their respective industries, reducing the level of regulation.

Which of the Following Imposed Regulation on Its Industry