Word: icc
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Dates: during 1980-1989
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...ICC move came on the heels of a Justice Department plea to the same body, urging a rebuff of Greyhound Lines's request that it be allowed to begin operating ailing Trailways immediately rather than wait for formal approval of a merger between the firms. Justice argued that allowing Greyhound to run Trailways before the ICC has studied the proposed merger would blur the companies' respective identities and make it difficult to restore competition should the merger be turned down. At week's end the ICC gave Greyhound temporary permission to operate Trailways after Justice changed its mind. The reasoning...
Although the ICC ruling was a shock to Santa Fe officials, the Chicago- based company will not be devastated. Real estate, not railroads, accounted for the bulk of its 1985 revenues of $6.4 billion. The same, however, cannot be said for the less diversified Southern Pacific (1985 revenues: $2.5 billion), which has barely made a profit over the past three years. Before the merger, Southern faced bankruptcy, and that could once again be a possibility...
...sponsors of the bills agree that they would only reinstate consumer and city protection waylayed at the federal level last year's federal legislation and rulings by the Federal Communications Commission (ICC) put a cap on a municipality's take of cable revenue a five percent...
...third irony suggested by the CBS-White House imbroglio concerns the President's perverse view of federal regulation For much of its 15 months in office, the Administration has sought the repeal of the ICC's "fairness doctrine" which it viewed as an unwarranted on the broadcast industry. Now that Ronald Reagan has been wronged, that doesn't matter...
...ICC recognizes the right of every club to be selective. Selectivity implies the right of a club to impose a religious quota, if it so desires,"--text of a statement released by the Interclub Committee, Princeton University, February 10, 1958--"The ICC does not approve of religious and racial discrimination, but has no power to control the Bicker policy of individual clubs. Ultimate responsibility for religious and racial discrimination rests with individual members of individual clubs...