What is the FTC Act?

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.”

Leave a Reply

Your email address will not be published. Required fields are marked *