Interstate Commerce Commission (ICC)

Interstate Commerce Commission (ICC),

Definition of Interstate Commerce Commission (ICC):

  1. Interstate Commerce Commission (ICC) formerly regulated the economics and services of specified carriers engaged in transportation between states from 1887 to 1995. The Interstate Commerce Commission was the first regulatory commission established in the U.S., where it oversaw common carriers. However, the agency was terminated at the end of 1995, with its functions either having been transferred to other bodies or in some cases rendered obsolete by deregulation. .

  2. A former federal agency established to ensure fair and reasonable rates for transportation services provided between states by a company. It was abolished in 1995 and what functions were not abolished were transferred to the Surface Transportation Board.

  3. The Interstate Commerce Commission (ICC) was established in 1887, following increasing public indignation in the 1880s over abuses and malpractices by the railroad companies. Originally established to regulate the railroads, the Interstate Commerce Commission had jurisdiction over all common carriers—excluding airplanes—by 1940. .

How to use Interstate Commerce Commission (ICC) in a sentence?

  1. The ICC started due to complaints that railroad companies were abusing the existence of monopolies in their respective areas. .
  2. When laws were passed that led to the deregulation of these industries, the ICC weakened and eventually disbanded completely. .
  3. The ICC was eventually disbanded, and its remaining responsibilities were transferred to various government entities. .
  4. The powers of the ICC were consistently expanded through the first half of the 20th century.
  5. The Interstate Control Commission regulated entities involved in interstate transportation from 1887 to 1995.

Meaning of Interstate Commerce Commission (ICC) & Interstate Commerce Commission (ICC) Definition

Interstate Commerce Commission (ICC),

Interstate Commerce Commission (ICC) Definition:

  1. Interstate Commerce Commission (ICC) definition is: An independent regulator that was abolished on January 1, 1996, but has had a major impact on the road transport sector.

Literal Meanings of Interstate Commerce Commission (ICC)

Interstate:

Meanings of Interstate:
  1. A highway system covering 48 neighboring states.

  2. Available or enforced in all countries.

Sentences of Interstate
  1. Picnic area on the highway

  2. International travel

Synonyms of Interstate

roadway, way, boulevard, avenue, street, road

Commerce:

Meanings of Commerce:
  1. Buying and selling activities are mainly on a large scale.

Sentences of Commerce
  1. Rail trade is likely to grow

  2. Out of the ordinary business of civilized life

  3. At that time, it was customary in the city for any woman who did business with a man other than her husband to be considered an adulterer and to die as a result, as long as she was on the street. Don't be a woman

Synonyms of Commerce

sexual intercourse, intercourse, trafficking, trade, buying and selling, traffic, sexual relations, making love, trading, business, sex act, bargaining, dealing, lovemaking

Commission:

Meanings of Commission:
  1. Request or approve manufacturing (something like building, equipment or artwork)

  2. Make while working (something newly developed, such as a factory or machine)

  3. Appointment (of an individual) as an Army Officer.

  4. An instruction, order, or responsibility given to a person or group of people.

  5. A group of people formally accused a particular function.

  6. Cash, usually a fixed percentage of its value, is paid to the agent as part of the business transaction.

  7. Awarded the rank of officer in a court order, army, navy or air force.

  8. Commit a crime or offense.

Sentences of Commission
  1. We had some trouble turning on the heater.

  2. Cadets were assigned after school

  3. Get commissioned to work as an informant

  4. Foreign banks can receive commissions

  5. Resigned

  6. Use of deadly weapons in the criminal commission

Synonyms of Commission

consideration, order, portion, advisorate, performance, contract for, convocation, tip, task, committal, place an order for, job, endeavour, committing, honorarium, enterprise, bonus, board, exercise, share, solution, perpetration, put in an order for

ICC:

Meanings of ICC:
  1. International Chamber of Commerce

  2. International Criminal Court.