Elkins Act

The Elkins Act, enacted in 1903, was a federal law aimed at preventing unfair practices in the railroad industry. It made it illegal for railroads to give or accept rebates—secret discounts to favored customers—because these practices hurt fair competition and end up raising costs for everyone. The law also targeted shippers who tried to bribe railroad officials to get better rates. Overall, the Elkins Act helped promote fairer pricing, transparency, and accountability in freight transportation, leading to a more competitive and honest marketplace.