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Economy

VarryOn

(2,343 posts)

3. Oh, another thing..CP lobbied for...

Reply to elleng (Reply #2)

Wed Jun 22, 2022, 09:59 PM

Jun 2022

this merger to be evaluated under older, less stringent regulations versus new ones created in 2001 that include a "public good" evaluation. Due to CP and KCS's sizes, the STB could apply either regs, but they decided to use the older ones. In their attempt to merge with KCS, CN agreed up front to have the newer regs to apply.

Interesting that you worked for the STB. A very powerful yet quite unknown agency, unless you're in the industry.

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Highlight:

Illinois grain shipper opposes CN request to force CP and KCS to divest [View all] elleng Jun 2022 OP

As a customer of both... VarryOn Jun 2022 #1

Thanks for the info! elleng Jun 2022 #2

Oh, another thing..CP lobbied for... VarryOn Jun 2022 #3

The ICC was, of course, the FIRST regulatory agency. elleng Jun 2022 #4