jan 29, 1906 - Hepburn Act (1906)
Description:
The Hepburn Act, also passed under Roosevelt’s administration, further strengthened regulation of the railroads. The act gave the Interstate Commerce Commission the authority to set maximum railroad rates, making it harder for companies to unfairly manipulate costs of transporting goods by rail out of their desire for profit. This law sought to build on the Elkins Act.
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