interstate commerce commission
Proper noun A former independent agency of the United States federal government. Its primary responsibilities were to regulate and oversee the economic activities of surface transportation carriers (such as railroads, trucking companies, and bus lines) that operated across state lines. This included supervising services and setting rates for the interstate transportation of goods and passengers. The agency was created in 1887 and was terminated in 1995.
The term "Interstate Commerce Commission" refers specifically to this historical U.S. regulatory body. It is typically used in historical, legal, economic, or political contexts when discussing the regulation of transportation or the evolution of federal agencies. * The Interstate Commerce Commission was created to address public concerns about monopolistic railroad practices. * For over a century, the Interstate Commerce Commission played a central role in federal transportation policy. * The trucking company's rates were subject to approval by the Interstate Commerce Commission.
- The agency is often cited as a landmark in U.S. administrative law, being the first independent federal regulatory commission. This establishes a model for subsequent agencies.
- Its termination in 1995 is frequently discussed as a major example of deregulation in the American economy.
- The acronym ICC is commonly used as a shorthand reference, especially in historical texts and legal documents.
- ICC: The standard initialism for the Interstate Commerce Commission.
- Interstate commerce: The economic activity (transportation and sale of goods) between states, which the Commission was created to regulate. This is a related but distinct legal and economic term.
- Regulatory commission: A type of independent government agency with regulatory powers, of which the ICC was the first federal example.
- (The) Commission (when context is clear)
- The ICC
(As a proper noun referring to a specific agency, it does not have phrasal verbs or idioms in the conventional sense. However, it is part of fixed historical and legal phrases.) * "To be regulated by the ICC": To be subject to the economic rules and rate-setting authority of the Interstate Commerce Commission. * "The era of the ICC": Refers to the period of U.S. history (1887-1995) when interstate surface transportation was under this agency's direct economic regulation.
- a former independent federal agency that supervised and set rates for carriers that transported goods and people between states; was terminated in 1995
- the ICC was established in 1887 as the first federal agency