PIERCE, Circuit Judge.
We consider herein a challenge to the action of the Interstate Commerce Commission ("ICC" or "Commission"), preempting New York State regulation of intrastate bus fares and prescribing such rates itself. We conclude that the ICC acted within the Bounds of its statutory authority and that its decision was neither arbitrary nor capricious. Consequently, we affirm.
I. BACKGROUND
In May of 1983, Greyhound Lines, Inc. ("Greyhound...
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