The power of railroad monopolies was one of most fraught political issues in America during the late 19th and early 20th centuries. Rampant political corruption, fraud, violations of workers’ rights, inefficiencies, and inflated prices were an endemic feature of monopolistic control over our national transportation system. So bad was the rail companies’ behavior that the first ever regulatory agency in US history was created specifically to monitor their abuses. At the center of many of these controversies was Union Pacific (UP), a company whose actions played an important role in shaping early antitrust policy.

Flash forward to today, and that same company is back at it again.

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