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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.
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 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 Federal Trade Commission (FTC) is taking on for-profit schools, rolling out new fines for colleges that mislead students about jobs and earnings prospects.
After law school, Ferguson was a law clerk to judge Karen L. Henderson of the U.S. Court of Appeals for the District of Columbia Circuit.He practiced antitrust law at the law firms Covington & Burling, Bancroft PLLC, and Sidley Austin, where he represented clients in private antitrust litigation and before the Federal Trade Commission and United States Department of Justice. [2]
Simons was chief of the Federal Trade Commission's competition bureau from 2001 to 2003. He was a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP.Simons is also a co-developer of “Critical Loss Analysis,” a technique for market definition that has been incorporated into the Department of Justice and FTC Merger Guidelines, as well as applied in numerous court decisions.
Lina Maliha Khan [6] (born March 3, 1989) is an American legal scholar who served from 2021 to 2025 as chair of the Federal Trade Commission (FTC). She is also a professor at Columbia Law School . While a student at Yale Law School , she became known for her work in antitrust and competition law in the United States after publishing the ...
The United States Department of Education is a cabinet-level department of the United States government.It began operating on May 4, 1980, having been created after the Department of Health, Education, and Welfare was split into the Department of Education and the Department of Health and Human Services by the Department of Education Organization Act, which President Jimmy Carter signed into ...