Which event in business regulatory history permitted government intervention in industry affairs?
A) The case of Munn v Illinois (1877)
B) The Sherman Act of 1890
C) The case of Nebbia v New York (1934)
D) The creation of the Interstate Commerce Commission via the ?Interstate Commerce Act of 1887

Question

Quizplus · Accepted Answer

The case of Munn v Illinois (1877) established the principle that government could regulate private industry if it served the public interest. This decision paved the way for other regulatory measures to protect consumers and promote fair competition.

Which Event in Business Regulatory History Permitted Government Intervention in Industry