The Federal Trade Commission (FTC) is an independent agency of the United States government established on September 26, 1914 following the Supreme Court's 1911 Standard Oil decision, when Congress sought a dedicated body to police interstate commerce. The FTC Act empowers it to investigate and prevent unfair methods of competition and unfair or deceptive acts or practices, and the agency enforces antitrust law and consumer protection through its Bureaus of Competition, Consumer Protection and Economics. It is led by five commissioners serving seven-year terms, no more than three from the same political party, and is headquartered in Washington, D.C.
Facts
Founding Year Founding Date Headquarters Geography
Country or Jurisdiction ServedWikidata Q786713, property P17 (country). Classification
Institution Subtype In the Other Atlases
Sources
1. Wikipedia: Federal Trade Commission
Wikimedia FoundationHistory section
Wilson's signing of the FTC Act on September 26, 1914
Introduction
The FTC is headquartered in the Federal Trade Commission Building in Washington, D.C.
Introduction, institution-subtype-p2
Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations).
View the Source 2. Wikidata
Wikimedia Foundation
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