Common Carrier Regulation

Common Carrier Regulation refers to the legal framework that governs services provided to the public by businesses like telecommunications, transportation, and utilities. These companies, known as common carriers, must offer their services to all customers without discrimination and under reasonable rates. Regulations ensure that essential services are accessible, fair, and reliable, preventing companies from exploiting their market position. For example, a bus company cannot refuse service to a passenger based on their race or charge excessively high fares. This regulation helps maintain a balance between business interests and public welfare.