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The US Shipping Act of 1916 was the first major legislation to regulate ocean shipping in the United States. It was introduced to curb monopolistic practices of shipping conferences and to protect American shippers from unfair freight rates. The Act established the United States Shipping Board, which was empowered to oversee agreements among carriers, prevent discrimination in shipping services, and ______ ______ __________ _______ _________ _____ __________ ________ ___ ______ ____.
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