...Artemiy Andreev Ms.Brown February 15, 2016 The Federal Trade Commission Research The Federal trade commission or called the FTC was created in 1914. The Federal Trade Commission Act is the act that started this commission and its purpose was to prevent unfair methods of competition in commerce as a part of the battle to “bust the trusts.” They also did this act to enhance the informed consumer choice and public understanding of this competitive process; and another reason was to accomplish this without the unduly burdening of legitimate business activity. The FTC deals with issues that do with the touchline of pretty much every American in the USA. These guys from the Federal Trade commission do an awesome job of saving and protecting the rights of american consumers, whether it was a purchase of production made by someone like for example milk, or it is a service of some action that is provided in exchange for money , an example of this would be barbershop services. One of the main objectives for the federal trade commission is to oppose the creation of monopolies in the economy and trusts. The FTC makes sure that there is fair and healthy competition. Because it is one of the main factors for businesses to grow and introduce or provide better products and services. The FTC has been one of the main federal agencies on privacy policy and on enforcement since the 70’s. First it really began with the execution of one of the main laws - the Fair Credit Reporting Act...
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