interstate commerce commission

English - English

Definition of interstate commerce commission in English English dictionary

a former independent federal agency that supervised and set rates for carriers that transported goods and people between states; was terminated in 1995; "the ICC was established in 1887 as the first federal agency

the ICC the US government organization that deals with the way the US states buy, sell, and exchange goods with each other. (1887-1995) First regulatory agency established in the U.S. and a prototype for independent government regulatory bodies. An agency of the U.S. Department of Transportation, it was responsible for the economic regulation of interstate surface transportation, including railroads, trucking companies, and buslines. It certified carriers, regulated rates, oversaw mergers, and approved railroad construction. The ICC was dissolved in 1995

icc

Hyphenation

in·ter·state Com·merce com·mis·sion

Turkish pronunciation

întırsteyt kämırs kımîşın

Pronunciation

/ˌəntərˈstāt ˈkämərs kəˈməsʜən/ /ˌɪntɜrˈsteɪt ˈkɑːmɜrs kəˈmɪʃən/