Discuss the rationale for the economic regulation of transportation.

In 4-5 pages, list and discuss:
Discuss the rationale for the economic regulation of transportation.
How has common law provided a basis for the government’s regulation of transportation in the United States?
Discuss the role of antitrust laws in transportation during the regulated versus deregulated eras.
How do the police powers of the Constitution affect transportation?
Analyze the major issues addressed by the ICC Termination Act national transportation policy statements.
Unlike may industrialized nations, the United States has fostered private ownership of transportation companies. What is the rationale for private ownership?
The requirements below must be met for your paper to be accepted and graded:
Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below. Use font size 12 and 1” margins. Include cover page and reference page. At least 80% of your paper must be original content/writing. No more than 20% of your content/information may come from references. Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement. Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style. References must come from sources such as, scholarly journals found in EBSCOhost, CNN, online newspapers such as, The Wall Street Journal, government websites, etc. Sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing.
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