Why did a provision of the Interstate Commerce Act require railroads to make their rates public?

so that railroad employees did not have to remember the rates

so that railroad companies couldn't unfairly charge different rates

so that railroads could operate more quickly and efficiently

so that different railroad companies would know what to charge

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History

Ariel Clements

20 October, 08:34

Why did a provision of the Interstate Commerce Act require railroads to make their rates public?

so that railroad employees did not have to remember the rates

so that railroad companies couldn't unfairly charge different rates

so that railroads could operate more quickly and efficiently

so that different railroad companies would know what to charge

+3

Answers (1)

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Ismael Leach · Answer 1

"so that railroad companies couldn’t unfairly charge different rate". By making sure that things like rates were transparent in the market, the government was making sure that there would be no monopolies.