Rev Ind Organ (2013) 43:3–6 DOI 10.1007/s11151-013-9395-7 Wesley W. Wilson Published online: 17 July 2013 © Springer Science+Business Media New York 2013 The Interstate Commerce Act of 1887 (ICA) was signed into law on February 4, 1887, by President Cleveland. This Act, originally labeled “An Act to Regulate Commerce,” provided for regulation of interstate rail commerce in the United States. While the Act was originally passed to regulate railroads; it eventually was modiﬁed and shaped the regulation of a wide variety of industries and markets that included motor carrier, electricity, telecommunications, and barge markets. Academically, the ICA also stim- ulated academic research for over 100 years on the rationale for regulation, optimal regulatory design, the estimation of costs and efﬁciency, demand, market power, the effects of mergers, and a wide variety of other issues. The Act was passed after a period of tremendous growth in the rail network. The ﬁrst steam locomotive was invented in England in 1797, and in 1827 the ﬁrst US railroad (the Baltimore and Ohio) was formed and began operations in 1830. From those early days, the industry grew to about 30,000 miles of rail in 1860, and in 1869 the Union Paciﬁc and Central
Review of Industrial Organization – Springer Journals
Published: Jul 17, 2013
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera