Thursday, March 26, 2009

Federal Trade Commission

The Federal Trade Commission (FTC) is a self-governing organization of the United States Administration, recognized in 1914 through the Federal Trade Commission Act. Federal Trade Commission (FTC) main mission is the advertising of "consumer protection" as well as the removal and deterrence of what regulator perceive to be destructively "anti-competitive" industry practices, such like coercive monopoly.

The Federal Trade Commission Act (FTC) was one of President Wilson's chief acts against trust. Trusts plus trust-busting were important political concerns through the Progressive Era. Since its beginning, the FTC has forced the necessities of the Clayton Act, a key antitrust edict, as well as the provision of the FTC Act, 15 U.S.C. § 41 et seq. Over time, the Federal Trade Commission (FTC) has been delegate the enforcement of other business regulation statute and has promulgated a quantity of rules (codified in name 16 of the system of Federal policies).
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