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Motor Carrier Act

The Motor Carrier Act requires interstate, for-hire motor carriers to obtain a Federal license to operate ("operating authority"). The license creates a quasi-monopoly; it is limited to specific routes and commodities and it gives the holder the right to object if someone else applies for a license to offer competing service. Under the act, the Interstate Commerce Commission has authority set minimum and maximum rates for trucking services; it is illegal to charge less than the published rate.

Item Date: 
Tuesday, January 1, 1935
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