Interstate Commerce Commission - ICC

Dictionary Says

Definition of 'Interstate Commerce Commission - ICC'


A body within the U.S. Department of Congress, charged with regulating the pricing of the movement of goods across state lines. The Interstate Commerce Commission sets pricing rates and safety standards for industries relating to railroads, roads and ships, as well as telephone and wireless providers. The ICC was run by seven Commissions, all of whom were not to have ties to the industries being regulated.

Investopedia Says

Investopedia explains 'Interstate Commerce Commission - ICC'


The Interstate Commerce Commission was established in 1887, and operated until 1995. It had a contentious relationship with industries and some members of Congress, and was swept aside during the deregulation of railroads and other industries, during the 1970s and 1980s. It was, however, one of the first attempts at industry regulation in the United States and a number of federal agencies were modeled after it.

comments powered by Disqus
Hot Definitions
  1. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
  2. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  3. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  4. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  5. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  6. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
Trading Center