Definition of Interstate commerce law

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TeachMeFinance.com - explain Interstate commerce law




historic definition...

Interstate commerce law -- An act of Congress (February 4, 1887) for the regulation of commerce between the several states and establishing a special commission for the administration of the law. The law prohibits unjust discrimination in freight charges by means of special rates and prohibits the pooling of freight (see Pool) by competing lines of transportation.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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