Charging "what the traffic will bear" was a tactic commonly pursued by American railroads before they were subjected to regulation.

Name: Charging "what the traffic will bear" was a tactic commonly pursued by American railroads before they were subjected to regulation.
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This statement is true. Before the government began regulating the railroad industry, railroads were free to charge whatever fares they believed the market would bear. This often led to price discrimination and unfair practices.

Charging "What the Traffic Will Bear" Was a Tactic Commonly