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Gabe - I have been far too busy to get into this argument, but Mike is correct. Witness the Justice Department's approval being required in all Class 1 rail mergers in addition to that of the STB (and in the past the ICC). LC [quote]QUOTE: Originally posted by gabe 7. Railroads have always been subject to anti-trust principles, through Congressional directives beginning with the Transportation Act of 1920. Taking railroads out of the jurisidiction of the Sherman Anti-trust Act only removed the private cause of action therein, it did not remove anti-trust oversight. I am not sure where this point leads me; but I will note that this is a really good point that adds a lot to my understanding of the debate. Gabe [/quote]
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