Who is the Federal Trade Commission?

The Federal Trade Commission (FTC) is a U.S. government agency established in 1914 to protect consumers and promote competition. Its mission involves preventing anticompetitive, deceptive, and unfair business practices. By investigating and enforcing laws related to unfair methods of competition and deceptive acts or practices, the FTC plays a crucial role in maintaining market integrity and consumer trust. With the evolution of technology and commerce, the FTC's responsibilities have expanded, addressing issues such as online privacy, data security, and digital advertising practices. Understanding the FTC's role is essential for consumers and businesses alike, as it helps navigate the complexities of the marketplace. The agency's recent actions against major corporations highlight its commitment to enforcing consumer protection laws and ensuring fair competition. In this article, we will explore the history, functions, and impact of the FTC, as well as its current challenges in the digital age.