
The Interstate Commerce Commission
The Interstate Commerce Commission (ICC) was a U.S. federal agency established in 1887 to regulate and overseerailroads and, later, other transportation industries across state lines. Its purpose was to ensure fair rates, prevent unfair practices, and promote safe and efficient transportation. The ICC set standards and monitored compliance to protect consumers and promote competition. Over time, many of its responsibilities were transferred to other agencies, and the ICC officially dissolved in 1995. Its legacy lies in advancing regulation to balance industry growth with public interest in interstate commerce.