What act, signed into law in 1926, established the regulatory framework for the Railway industry?

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The Railway Labor Act, signed into law in 1926, established the regulatory framework for labor relations specifically within the railway industry. This act aimed to prevent any interruptions in rail service by providing a structured process for resolving disputes between railroad companies and their employees, particularly concerning labor disputes, wages, and working conditions. It also introduced measures to facilitate collective bargaining and establish mediation processes, thus promoting harmonious relationships between labor and management. This framework has been crucial in maintaining stability in the transportation sector and has influenced labor relations in industries beyond railways as well.

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