what and who is the ftc
The Federal Trade Commission (FTC) was established as an independent administrative agency pursuant to the Federal Trade Commission Act of 1914. The purpose of the FTC is to enforce the provisions of the Federal Trade Commission Act, which prohibits unfair or deceptive acts or practices in commerce.. The Clayton Antitrust Act (1914) also granted the FTC the authority to act against specific and unfair monopolistic practices.
FTCâs work is performed by the Bureaus of Consumer Protection, Competition and Economics. That work is aided by the Office of General Counsel and seven regional offices. Learn more about the FTC's Competition mission... History of the FTC