FEDERAL TRADE COMMISSION

Federal Trade Commission

[Institution name]Federal Trade Commission

Introduction

Federal trade of commission deals with the problems of consumer's protection in terms of companies which create fake competition in order to increase their sales. It was created in 1914 to protect customers from unfair use of competition created by companies. Main objective of the federal trade commission is to protect every American and enterprises from unfair competition.

The paper discusses the mission and key areas of responsibilities of Federal Trade Commission. Its original mission was to protect businesses, not consumers, and now they are setting up in its law does not contain provisions relating to advertising. Nevertheless, the antitrust laws are one of their bases. Overall it deals with antitrust laws and consumer protection from unfair competition. The modern consumer rights movement began in response to the oligopoly conditions of the American automobile industry (FTC, 2010). In the 1950s, U.S. industry was flourishing still as a result of its survival and growth during World War II. U.S. Federal Trade Commission publishes reports, regarding the issues they resolve as an institution.

Discussion

The Federal Trade Commission (FTC, for its acronym in English) is the lead federal government agency that is responsible for awareness related to identity theft. The Federal Trade Commission (FTC) - the federal agency responsible for regulating more cha STI American business. It was established in 1914 for the prevention of business activity with the use of unfair methods of con competition. The Federal Trade Commission (FTC, for its acronym in English) is the lead federal government agency that is responsible for awareness related to identity theft.

The Federal Trade Commission (FTC) - the federal agency responsible for regulating more cha STI American business. It was established in 1914 for the prevention of business activity with the use of unfair methods of con competition. Its original ...