What is the FTC Act?
The FTC Act is a U.S. law that empowers the FTC “…to
(a) prevent unfair methods of competition and unfair or deceptive acts or practices in or affecting commerce;
(b) seek monetary redress and other relief for conduct injurious to consumers;
(c) prescribe rules defining with specificity acts or practices that are unfair or deceptive, and establishing requirements designed to prevent such acts or practices;
(d) gather and compile information and conduct investigations relating to the organization, business, practices, and management of entities engaged in commerce; and
(e) make reports and legislative recommendations to Congress and the public.”