1986 - The Exon Library

Description
Proponents of the amendment asserted that it would provide
relief to captive communities and shippers in the Conrail
service area and keep Norfolk Southern honest. It
addresses monopoly per se, and will not specifically affect
Norfolk Southern if the railroad does not price its
services so high that it attracts competitors to the
market.
Opponents of the amendment claimed that it would put the
Federal courts across the land into the regulatory
business. The ICC already has the powers that the
amendment would give to the courts. The Port of New York,
in fact, will be one of the beneficiaries from the Conrail
sale since it will gain Guilford as a second line.