The Federal Trade Commission (FTC) is a governmental agency dedicated to the protection of consumers. This independent agency operating under the federal government was established by the Federal Trade Commission Act in 1914 with the dual purpose of protecting consumers and preventing anti-competitive business practices, including the formation of trusts and monopolies.
Established as part of President Wilson’s trust-busting efforts, the FTC enforces both the Clayton Act and Federal Trade Commission Act, giving the agency broad jurisdiction over competition regulation across economic sectors.
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