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The FTC Act does not give consumers the right to sue for violations of the act, but consumers may complain to the Commission about acts or practices they believe to be unfair or deceptive. [14] Consumers may, however, be authorized to sue under a state "UDAP" (unfair, deceptive and abusive practices) statute, sometimes called a "Little FTC Act."
The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
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 ...
The FTC (and DOJ) should return to the consumer welfare standard instead of persisting in the economic illiteracy and noncomprehensive jurisprudence promulgated by the 2023 guidelines.
An unmarried woman, a femme sole, on the other hand, had the right to own property and make contracts in her name. Over several decades, beginning in 1839, statutes that enabled women to control real and personal property, enter into contracts and lawsuits, inherit independently of their husbands, work for a salary, and write wills were enacted.
The FTC accused Amazon, a company started in a garage in 1994 and today worth $1.3 trillion, of fighting efforts by sellers on its online marketplace to offer products more cheaply on other platforms.
The final tally is in, and the numbers are grim: Donald Trump's huge trade deal with China — the deal he trumpeted as a "transformative" victory for the U.S. — turned out to be a massive bust.
Notable legislation in the title includes the Federal Trade Commission Act, the Clayton Antitrust Act, the Sherman Antitrust Act, the Securities Exchange Act of 1934, the Consumer Product Safety Act, and the CAN-SPAM Act of 2003. 15 U.S.C. ch. 1—Monopolies and Combinations in Restraint of Trade; 15 U.S. Code § 13a is the Robinson Patman Act