less than 1 minute read

Federal Trade Commission

Federal Trade Commission (FTC), U.S. agency established (1914) to prevent unfair business practices, particularly monopolies, and to maintain a competitive economy. The FTC studies the effects of business mergers and price agreements, issuing cease and desist orders when necessary; it also attempts to prevent misleading advertising and to protect public health. Its 5 commissions are appointed by the president for 7-year terms.

Additional topics

21st Century Webster's Family Encyclopedia21st Century Webster's Family Encyclopedia - Federalist, The to Forensic science