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In Business / High School | 2014-11-21

Which legislation gave the government the authority to set and limit shipping costs?

A. The Elkins Act
B. The Hepburn Act
C. The Mann-Elkins Act
D. The Payne-Aldrich Act

Asked by RosettaVannorsdell

Answer (2)

If I remember correctly it was the Hepburn act.

Answered by Joel0920 | 2024-06-10

The Hepburn Act, passed in 1906, allowed the Interstate Commerce Commission to set maximum shipping rates for railroads, significantly enhancing federal regulation of the industry. This law represented a shift towards increased government oversight in response to unfair pricing practices. President Theodore Roosevelt played a key role in its enactment, advocating for the rights of consumers and fair competition.
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Answered by Joel0920 | 2024-10-31