Bloomberg Law: Court Denies Amtrak Regulatory Powers (Audio)

Kimberly Robinson, a Supreme Court reporter for Bloomberg B-N-A, and Christopher Paolella, founding partner of Reich and Paolella, discuss a federal appeals court ruling, which has decided that Amtrak, a government-owned for-profit company, should not have regulatory power over an industry that it participates in. A three-member Washington D.C. Appeals court unanimously voted to strike down parts of the 2008 Passenger Rail Investment and Improvement Act, arguing that this infringes on the rights of private freight carriers. They speak with Bloomberg Law host Michael Best on Bloomberg Radio’s "Bloomberg Law."

producer: June Grasso/Tipton +1-212-617-5560 or jgrasso4@bloomberg.net

Running time 16:00

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