Railroad pool
Railroad pools in the United States were associations of competing railroads "for the purpose of a proper division of the traffic at competitive points and the maintenance of equitable rates that may be agreed upon."[1]
Congress prohibited pooling agreements between railroads with the enactment of the Interstate Commerce Act of 1887.[2]
See also
References
- ↑ Reports of the Industrial commission. United States. Industrial Commission, James Henderson Kyle, Albert Clarke. Government Printing Office. Washington. 1902. Volume 19. p. 329
- ↑ Interstate Commerce Act of 1887, ch. 104, 24 Stat. 379. 1887-02-04. Section 5.
- Johnson, Emory R.; Van Metre, Thurman W. (1918). "Chapter XVIII. Pools and Traffic Associations". Principles of Railroad Transportation. New York: D. Appleton. pp. 292–307.
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