Federal Trade Commission

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The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. It shares jurisdiction over federal civil antitrust law enforcement with the Antitrust Division of the U.S. Department of Justice. The FTC is headquartered in the Federal Trade Commission Building in Washington, D.C. The FTC was established in 1914 by the Federal Trade Commission Act, which the U.S. Congress 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. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations). The broad statutory authority granted...

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