The Existence of Monopoly Profits in the Motor Carrier Industry

@inproceedings{Frew1981TheEO,
  title={The Existence of Monopoly Profits in the Motor Carrier Industry},
  author={James R. Frew},
  year={1981}
}
THE effect of the U.S. Interstate Commerce Commission's (ICC) regulation of the motor carrier industry on the allocation of resources within the transportation sector has been the subject of heated public debate since the advent of such regulation in 1935. Opponents of ICC regulation have charged that it has restricted entry into the motor carrier industry, allowed regulated truckers to earn excessive profits, redistributed income from consumers to producers, and misallocated traffic among the… CONTINUE READING