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The Federal Trade Commission (FTC) is an independent agency of the United States government, established in by the Federal Trade Commission Act. Its principal mission is the promotion of consumer protection and the elimination and prevention of anti competitive business practices, such as coercive monopoly.
FTC. Federal agency whose purpose is to encourage free enterprise and prevent restraint of trade and monopolies. Many mergers and acquisitions will go through the Federal Trade Commission if there is a concern that the merged company would be too much of a monopolistic force. The agency also protects consumers against deceptive practices such as false advertising or identity theft. The..
FTC is for the consumers and represent consumer for a fair Trade practise
Learned that FTC is "An independent federal agency whose main goals are to protect consumers and to ensure a strong competitive market by enforcing a variety of consumer protection and antitrust laws. These laws guard against harmful business practices and protect the market from anti-competitive practices such as large mergers and price-fixing conspiracies."
Thanks.
he FTC is a bipartisan federal agency with a unique dual mission to protect consumers and promote competition. For one hundred years, our collegial and consensus-driven agency has championed the interests of American consumers. As we begin our second century, the FTC is dedicated to advancing consumer interests while encouraging innovation and competition in our dynamic economy.
When most people think about the economy in America, minds turn to organizations like the Fed. It is important
to note, though, that other organizations too play an important role in the economy of the United States as well.
Take the Federal Trade Commission, for example. This organization has been in existence since with
the primary goal of protecting consumers. Many of the policies it puts into place, however, are responsible
for some of the most monumental changes in the United States economy.
