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

  1. ^ Reports of the Industrial commission. United States. Industrial Commission, James Henderson Kyle, Albert Clarke. Government Printing Office. Washington. 1902. Volume 19. p. 329
  2. ^ Interstate Commerce Act of 1887, ch. 104, 24 Stat. 379. 1887-02-04. Section 5.