Ever dealt with an unfair business?

Federal Trade Commission

About the FTC

The Federal Trade Commission looks to prevent the practice of unfair businesses to consumers. They want to enhance consumer choice along with advancing performance in business. They help consumers by conducting investigations, suing companies, and developing rules to ensure fair business. An example of the FTC could be if something went wrong with a salesman, they could help you reestablish what was lost in the process of the sale.

Facts:

- It was created on September 26th, 1914 when President Woodrow Wilson signed the FTC into law.

- The FTC deals with issues that touch the economic life of every American.

- The FTC is the only federal agency with both consumer protection and competition jurisdiction.

- The FTC is divided into three bureaus that have different regulation and protection responsibilities.

- The FTC was created in response to public rage involving abuses on monopolistic trusts.

Kendall Knox, Megan McEachern, Dakota Roman