%0 Journal Article
%T SUNSETTING THE ICC: IS IT REALLY DEAD?
%A Richard D. Stone
%A Michael Landry
%J Essays in Economic & Business History
%D 2004
%I The Economic & Business History Society
%X The Interstate Commerce Commission (ICC) was created in 1887 to regulate railroads. By the mid-1970¡¯s it had grown into the premier independent agency in the federal government, regulating all domestic transport modes except air. But starting in the ¡®70¡¯s, the Commission began to shrink in both size and power. By 1995¡¯s end, it disappeared, and was replaced by the Surface Transportation Board (STB) that regulates only railroads, although to a lesser extent than the ICC had. There remains the question of whether the ICC is really dead or just renamed.
%U http://www.ebhsoc.org/journal/index.php/journal/article/view/82