Federal Trade Commission (FTC)

Federal Trade Commission (FTC),

Definition of Federal Trade Commission (FTC):

  1. The Federal Trade Commission (FTC) was established in 1914 by the Federal Trade Commission Act, as part of the Wilson administration's trust-busting efforts, trust-busting being a significant concern at the time. It was tasked with enforcing the Clayton Act, which banned monopolistic practices. The FTC continues to discourage anticompetitive behavior through the Bureau of Competition, which reviews proposed mergers together with the Department of Justice. As the years have passed, the FTC has been tasked with enforcing additional business regulations, as codified in Title 16 of the Code of Federal Regulations.

  2. The U.S. government agency responsible for regulating trade. The FTCs chief focus is to prevent fraud and deceptive business practices and to ensure fair competition. See Antitrust; Monopoly.

  3. The Federal Trade Commission (FTC) is an independent agency of the U.S. government that aims to protect consumers and ensure a strong competitive market by enforcing consumer protection and antitrust laws. Its principal purpose is to enforce non-criminal antitrust laws in the United States, by preventing and eliminating anticompetitive business practices, including coercive monopoly. The FTC also seeks to protect consumers from predatory or misleading business practices.

How to use Federal Trade Commission (FTC) in a sentence?

  1. FTC activities include investigating fraud or false advertising, congressional inquiries, and pre-merger notification.
  2. The FTC also handles scams and unfair business practices.
  3. The FTC enforces antitrust laws and protects consumers from predatory practices.

Meaning of Federal Trade Commission (FTC) & Federal Trade Commission (FTC) Definition

Federal Trade Commission (FTC),

How Do You Define Federal Trade Commission (FTC)?

The Federal Trade Commission (FTC) is an independent government of the United States government that seeks to protect consumers and maintain a competitive market by enforcing anti-trust and consumer protection laws. Its primary purpose is to enforce non-criminal no-confidence laws in the United States and to prevent and eliminate competitive business practices, including the application of monopolies. FTC also seeks to protect consumers from abusive or counterfeit business practices.

  • The FTC enforces no-confidence laws and protects consumers from predators.
  • The FTC's activities include fraudulent or misleading advertising investigations, congressional investigations, and pre-merger notices.
  • The FTC also deals with fraud and unfair business practices.

Literal Meanings of Federal Trade Commission (FTC)

Federal:

Meanings of Federal:
  1. Refers to a system of ownership or government in which several states form a single entity but remain independent in internal affairs.

Sentences of Federal
  1. Agreement of the Russian Federation, which divides power between the Russian federal and local governments

Trade:

Meanings of Trade:
  1. Buy and sell goods and services.

  2. Exchange of something (something), usually in the form of a business transaction.

  3. Buying and selling goods and services.

  4. Special work, usually a job that requires manual skills and special training.

  5. Commercial winds

Sentences of Trade
  1. Trade intermediaries for luxury goods

  2. Replace clay shark liver for fish oil

  3. A move to ban all trade in ivory

  4. Build basic business principles

  5. Jobs in the Northeast

Synonyms of Trade

trafficking, occupation, switch, livelihood, marketing, line of work, swap, dealing, exchange, province, line of business, calling, barter, replace, business, living, pursuit, job, substitute, line, career

Commission:

Meanings of Commission:
  1. Request or allow fabrication (anything like building, equipment or artwork)

  2. Build while working (something newly developed, such as a factory or machine).

  3. Appointment (of an individual) as an Army Officer.

  4. An instruction, order or responsibility given to a person or group of people.

  5. A group of people formally accused a particular function.

  6. Cash, usually a fixed percentage of its value, is paid to the agent as part of a business transaction.

  7. Awarded the rank of officer in a court order, army, navy or air force.

  8. Commit a crime or offense.

Sentences of Commission
  1. We had some trouble turning on the heater.

  2. Cadets were assigned after school

  3. Receive commissions as informants

  4. Foreign banks can receive commissions

  5. Resigned

  6. Use of deadly weapons in the criminal commission

Synonyms of Commission

mission, assignment, convocation, board, enterprise, premium, endeavour, exercise, pay for, tip, performance, put in an order for, committee, committing, task, piece of work, bonus, project, percentage, job, delegation, committal, directorate, board of commissioners, fee, contract for, solution, brokerage, dividend