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The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission.The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.
Section 5 of the Federal Trade Commission Act, 15 U.S.C. § 45 grants the FTC power to investigate and prevent deceptive trade practices. The statute declares that "unfair methods of competition in or affecting commerce, and unfair or deceptive acts or practices in or affecting commerce, are hereby declared unlawful." [87]
The Federal Trade Commission (FTC) enforces federal antitrust and consumer protection laws by investigating complaints against individual companies initiated by consumers, businesses, congressional inquiries, or reports in the media. The commission seeks to ensure that the nation's markets function competitively by eliminating unfair or ...
The bank violated the Federal Trade Commission Act’s “prohibition of unfair or deceptive acts or practices, in connection with the bank’s failure to adequately investigate and resolve ...
Along with the Federal Trade Commission the Department of Justice in Washington, D.C. is the public enforcer of antitrust law. Federal Trade Commission building, view from southeast. The federal government, via both the Antitrust Division of the United States Department of Justice and the Federal Trade Commission, can bring civil lawsuits ...
Trump has said the new U.S. tariff rates would take effect "almost immediately," and Section 338 of the Trade Act of 1930 would give him a quick path to imposing them. ... 301 unfair trade ...
Unfair business practices (also Unfair Commercial Practices) describes a set of practices by businesses which are considered unfair, and which may be unlawful. It includes practices which are covered by other areas of law, such as fraud , misrepresentation , and oppressive or unconscionable contract terms.
The unfairness doctrine is a doctrine in United States trade regulation law under which the Federal Trade Commission (FTC) can declare a business practice "unfair" because it is oppressive or harmful to consumers even though the practice is not an antitrust violation, an incipient antitrust violation, a violation of the "spirit" of the antitrust laws, or a deceptive practice.