What Was The Goal Of Interstate Commerce Act Quizlet? What was the main purpose of the Interstate Commerce Act of 1887? The Interstate Commerce Act was created to limit the monopolistic practices of the railroad industry. What was the goal of Interstate Commerce Act? The Interstate Commerce Act of 1887 is a United States federal
When One Person Or Group Has Complete Control Over A Product Or Business It Is Called A? If a company, person, or state has a monopoly on something such as an industry, they have complete control over it, so that it is impossible for others to become involved in it. … A monopoly is a
How Did The Federal Government Regulate Monopolies? In the United States, the 2 major antitrust laws are the Sherman Antitrust Act How did the government regulate the monopolies? The government can regulate monopolies through: Price capping – limiting price increases. Regulation of mergers. Breaking up monopolies. How did the government control monopolies and trusts? Approved