Question:

The Interstate Commerce Commission was created to stop all of the following abuses, except?

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A. Railroad companies establishing pools to reduce competition

B. Railroad companies keeping their rates secret

C. Railroad companies setting their own shipping rates

D. Railroad companies going on strike

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2 ANSWERS


  1. D.  A legal rail strike happens when a carrier is served with a "Section Six" notice by the union involved, though the strike is almost always of very short duration, usually ended by a back to work order from the Feds.

    "C" is kind of misleading, because at one time the shipping rates were determined by the government as well, at that time before deregulation.  Since deregulation, carriers can set their own rates.  This was done in order to create a more financially competitive rail infrastructure, and thereby keep rates lower.


  2. I didn't think the ICC existed anymore............

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