Search Results for: INTERSTATE COMMERCE COMMISSION

hepburn act

Hepburn Act. A 1906 federal statute that amended the Interstate Commerce Act to (1) increase the (now defunct) Interstate Commerce Commission’s jurisdiction to include pipelines, (2) prohibit free passes except to employees, (3) prohibit common carriers from transporting any products (except timber) in which they had an interest, and (4) require joint tariffs and a […]

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consolidation of railroads

consolidation of railroads 〈美〉铁路公司的合并 在实践中,铁路公司的合并须经州际商业委员会〔Interstate Commerce Commission〕批准,有时须经州管制委员会〔state regulatory commissions〕同意。由于铁路与公众的利益密切相关,上述机构在审批时十分注意合并可能会消除竞争,从而引起高收费或在服务方面损害公众利益。

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filed rate doctrine

filed-rate doctrine. A common-law rule forbidding a regulated entity, usu. a common carrier, to charge a rate other than the one on file with the appropriate federal regulatory authority, such as (formerly) the Interstate Commerce Commission. — Also termed filed-tariff doctrine. See TARIFF (3). [Cases: Carriers 189; Public Utilities 119. 1. C.J.S. Aeronautics and Aerospace

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wage

wage, n. (usu. pl.) Payment for labor or services, usu. based on time worked or quantity produced; specif., com-pensation of an employee based on time worked or output of production. • Wages include every form of remu-neration payable for a given period to an individual for personal services, including salaries, commissions, vaca-tion pay, bonuses, and

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