Interstate commerce commission in economics and finance

Hello everyone! Welcome to today's lesson. Today, we're going to discuss an important regulatory body in the United States, the Interstate Commerce Commission (ICC). As we know, regulation plays a crucial role in maintaining a fair and efficient marketplace. It ensures that businesses operate within certain boundaries, protecting consumers and promoting healthy competition. The ICC, in particular, focuses on the transportation sector, overseeing various aspects of interstate commerce. Let's dive deeper into its meaning and significance.