David Chiu

Government Regulation of the Railroad David Chiu

The railroad enabled people to travel across great distances much faster and contributed to the American economy. Yet such progress also caused problems as railroad companies formed monopolies to control railroad routes and prices that affected farmers and the transportation of their goods. This new title clearly explains the types of unfair practices used by the railroads and the government attempts to control their activities through laws such as the Sherman Antitrust Act and the Interstate Commerce Act.