Phone:
(214) 387-0683 Fax:
(214)
387-0185
Email Us
Federal Trade
Commission
The Federal Trade Commission (or FTC) is an
independent agency of the United States government, established in 1914 by the
Federal Trade Commission Act. Its principal mission is the promotion of consumer
protection and the elimination and prevention of anticompetitive business
practices.
The
Federal Trade Commission Act was one of President Wilson's major acts against
trusts. Trusts and trust-busting were significant political concerns during the
Progressive Era. Since its inception the FTC has enforced the provisions of the
Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act,
15 U.S.C. 40 et seq. Over time, the FTC has been delegated the enforcement of
additional business regulation statutes and has promulgated a number of
regulations (codified in Title 16 of the Code of Federal Regulations).