What is the Federal Trade Commission
(FTC)
The Federal Trade Commission (FTC) works
to ensure that the nation’s markets are vigorous, efficient and
free of restrictions that harm consumers. Experience demonstrates
that competition among firms yields products at the lowest prices,
spurs innovation and strengthens the economy. Markets also work best
when consumers can make informed choices based on accurate information.
To ensure the smooth operation of our
free market system, the FTC enforces federal consumer protection laws
that prevent fraud, deception and unfair business practices. The Commission
also enforces federal antitrust laws that prohibit anti competitive
mergers and other business practices that restrict competition and
harm consumers. Whether combating telemarketing fraud, Internet scams
or price-fixing schemes, the FTC’s primary mission is to protect
consumers.
In addition, the Commission conducts
economic research and analysis to support its law enforcement efforts
and to contribute to the policy deliberations oft the Congress, the
Executive Branch, other independent agencies, and state and local
governments.
Try these link for more information
on the Federal Trade Commission (FTC):
Commissioners
- The FTC is an independent agency that reports to Congress on its
actions. The Commission is headed by five Commissioners, nominated
by the President and confirmed by the Senate, each serving a seven-year
term.
Bureau of Consumer Protection
- Bureau of Consumer Protection’s mandate is to protect consumers
against unfair, deceptive or fraudulent practices.
Bureau of Competition - The
Bureau of Competition seeks to prevent anti competitive mergers and
other anti competitive business practices in the marketplace
Bureau of Economics - The Bureau
of Economics helps the FTC evaluate the economic impact of its actions
How the FTC brings an action
- What happens when the FTC believes that a person or company has
violated the law
FTC offices you should know about -
The FTC’s Regional Offices cover seven geographic areas. The
regional offices work with the Bureaus of Competition and Consumer
Protection to conduct investigations and litigation
Visit the Federal
Trade Commission
