What is the purpose of the Interstate Commerce Commission (ICC)?

The purpose of the Interstate Commerce Commission (ICC) is to regulate commerce in the United States. It was created by Congress in 1887 to ensure the fair and equitable transportation of goods and services between states. The ICC also regulated labor and income in commerce, as well as pricing of commodities. In North Carolina, the ICC is responsible for regulating the transportation of goods and services by motor carriers, intrastate and interstate railroads, and certain pipeline companies. The ICC also ensures that these transportation modes are operating safely and that they are providing services at fair and reasonable prices. The ICC also works to ensure the protection of the public by setting standards related to insurance coverage and other safety measures. This helps protect the public from accidents and other harm associated with the transportation of goods and services. Additionally, the ICC’s role in protecting the public extends to providing a complaint process for shippers and carriers who feel they have been treated unfairly or overcharged. The ICC has an investigative and audit team that looks into alleged violations of law. If violations are found, appropriate action can then be taken. In summary, the Interstate Commerce Commission is responsible for regulating interstate commerce and making sure that goods and services are transported safely and at a fair and reasonable price. It also offers a complaint process for shippers and carriers who feel they have been treated unfairly.

Related FAQs

What is the purpose of the Interstate Commerce Commission (ICC)?
What is the purpose of the Federal Communications Commission?
What is the purpose of the Electric Reliability Council of Texas (ERCOT) regulations?
What is the purpose of the Federal Energy Regulatory Commission?
What are the legal issues involved in the sale and transfer of public utility assets?
What are the rights and responsibilities of utility customers in relation to net metering?
What are the rights of public utility customers?
What is the purpose of the Department of Transportation Act of 1966?
What is the purpose of the Nuclear Regulatory Commission (NRC)?
Are there restrictions on the types of services public utilities can offer?

Related Blog Posts

Understanding What Utilities Law Is and How It Affects You - July 31, 2023
A Guide to Navigating Utilities Law Regulations - August 7, 2023
How to Make a Complaint about Utilities Law - August 14, 2023
Utilities Law: What You Need to Know to Protect Your Rights - August 21, 2023
Common Utilities Law Mistakes to Avoid - August 28, 2023