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The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division.
The vast majority of FTC members have been individuals with legal backgrounds, with notable exceptions. President Ronald Reagan appointed the first two professional economists, James C. Miller III [ 54 ] and George W. Douglas , [ 55 ] to serve on the body.
The commission oversees election rules as well as reporting of campaign contributions by the candidates. The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over interstate electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates.
Federal Trade Commission Chair Lina Khan testifies before the House Judiciary Committee in the Rayburn House Office Building on Capitol Hill on July 13, 2023, in Washington, DC. The committee and ...
The U.S. Federal Trade Commission's merger-busting, antitrust enforcement powers are coming under threat as conservatives look to harness President-elect Donald Trump's support for limiting ...
Under Biden, Khan's FTC sued Amazon, opened an investigation into Microsoft, and won court rulings that blocked Kroger's $25-billion acquisition of rival grocery chain Albertsons and the $8.5 ...
US Government Manual, official freely downloadable PDFs of annual printed versions. Federal Agency Directory, online database maintained by the Louisiana State University Libraries in partnership with the Federal Depository Library Program of the GPO; A–Z Index of US Departments and Agencies, USA.gov, the US government's official web portal ...
FTC Chair Lina Khan has led an aggressive antitrust fight against large corporations. In a recent "60 Minutes" interview, she said Big Tech acquisitions have harmed Americans.