FTC


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Federal Trade Commission (FTC)

An independent federal agency consisting of a five-member board, whose goal is to create economic competition by promoting consumer protection and prevent illegal business practices. The FTC was created in 1914 to battle monopolisitc trusts, and has since been granted the abilities to prohibit anti-competitive and illegal business practices and enforce industry-wide regulations.

Federal Trade Commission

A government organization with the responsibility of protecting consumers from predatory or unfair business practices. As such, it is responsible for the enforcement of antitrust laws, protecting against anti-competitive mergers and acquisitions. Citizens may complain to the Federal Trade Commission for perceived wrongdoings in the business practices of a company. While adjudicating these complaints takes time, the FTC provides a recourse against exploitation of the consumer.

FTC

FTC

See Federal Trade Commission.
References in periodicals archive ?
The 2016 decision meant that, for example, a fast-food chain could legally escape FTC oversight by buying up a small telecom company and claiming that it was a common carrier, just like AT&T.
Most recently, the FTC has established an Economic Liberty Taskforce to address issues affecting occupational licensing across all 50 states.
An FTC investigation and the information inquiries associated with it are undoubtedly a distraction for general counsel, who must also handle the day-to-day legal challenges of her business.
Additionally, an unlicensed FTC may serve only relatives within the fourth degree of lineal kinship or seventh degree of collateral kinship to a designated relative.
Finally, the FTC pays closer attention to certain types of ads.
The FTC filed the case in June 2012, and it subsequently was transferred from the Federal District Court of Arizona to the New Jersey District Court.
I think this is probably an uphill battle for the FTC, but there is some good case law for them in the D.
The FTC found that NTSP engaged in the unlawful negotiation of agreements on price and other terms, refused to deal with payers except on collectively agreed-upon terms, and refused to submit payer offers to its physicians unless the terms complied with NTSP's minimum fee schedule.
9) Six weeks later, on July 11, 2003, Arch Coal and Triton submitted pre-merger notification filings to the FTC and the DOJ, (10) pursuant to the Hart-Scott-Rodino Act.
To address FTC abuses outside the dividend arena, Congress, as part of the American Jobs Creation Act of 2004, enacted Sec.
The FTC suggested the focus should shift from subject-line headings to the development of new technology, such as e-mail authentication.