Utilities, paper mills and the agricultural indusrty, among others, have been subject to the rail carriers' rising service costs, yet these groups have not seen a increase in the service and reliability of their shipments. This is a result of the minimal railroad organizations. Furthermore, the increased costs are passed along to consumers through the costs of products, electricity, and services.
Repealing the railroads antitrust exemptions, would permit the Justice Department and Federal Trade Commission to review railroad mergers under antitrust law and it would eliminate anti-competitive exemptions for mergers, purchaces, collective percentage and coordination among railroads. This bill will not fix all of the problems with the railroad industry. But, it will be a starting point for a foundation of rational negotiations between the railroads and shippers. And, it will restore some of the public interest responsibilities to our nation’s rail system.
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