How did the interstate commerce act affect railroads?

The Interstate Commerce Act of 1887 aimed to regulate the railroad industry by establishing the Interstate Commerce Commission (ICC), which oversaw railroad rates and practices. This legislation sought to eliminate monopolistic practices and ensure fair rates for consumers and producers. As a result, railroads were required to publish their rates and adhere to regulations, promoting transparency and competition. Overall, the Act marked a significant step in federal regulation of the economy, impacting how railroads operated and interacted with the public.