Federal Trade Commission (FTC) - 2198

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Price: $5.00
  • From: Business,
  • Posted on: Sun 18 Mar, 2012
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Request Description

Visit the website of the Federal Trade Commission (FTC) (http://www.ftc.gov/). What is the FTC’s current mission? What are the primary areas for which the FTC is Responsible?

Solution Description

Visit the website of the Federal Trade Commission (FTC) (http://www.ftc.gov/). What is the FTC’s current mission? What are the primary areas for which the FTC is Responsible? Write a 2-3 page response using APA format.

 

The Federal Trade Commission is an independent agency of the U.S. government that was established in 1915 and charged with keeping American business competition free and fair. The FTC has no jurisdiction over banks and common carriers, which are under the supervision of other governmental agencies. It has five members, not more than three of whom may be members of the same political party, appointed by the President, with the consent of the Senate, for seven-year terms.  The act was part of the program of President Wilson to check the growth of monopoly and preserve competition as an effective regulator of business.