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Question
(9.2) what do the creation of the interstate commerce commission (icc) and the passing of the sherman antitrust act have in common?
o both were early attempts by the government to regulate big business practices.
o both gave states the power to control railroads and trusts on their own.
o both made labor unions illegal because they restrained trade.
o both forced companies to lower prices for consumers immediately.
The Interstate Commerce Commission (ICC) was created to regulate railroads and later expanded to other transportation and communication industries. The Sherman Antitrust Act was aimed at preventing monopolies and promoting competition. Both were early attempts by the government to regulate big - business practices. The ICC focused on transportation industry regulation, while the Sherman Antitrust Act targeted monopolistic business combinations in general.
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Both were early attempts by the government to regulate big business practices.