- Federal Trade Commission
-
n.A federal agency that promotes free trade and fair competition in interstate commerce by preventing price-fixing, advertising, and general unfair competition.abbrv.FTC
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- Federal Trade Commission
-
(FTC)A federal government agency established to regulate business practices and enforce antitrust laws. The FTC often shows up in the news when big businesses attempt to merge, but it also plays a role in protecting consumers from unfair business practices, including actions by collection agencies and credit bureaus. While the FTC generally does not have authority to intervene in specific consumer disputes, it can take action against a company about which it has received numerous consumer complaints.Category: Business, LLCs & CorporationsCategory: Personal Finance & Retirement
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- Federal Trade Commission
-
Federal Trade Commission (FTC)USAAn independent federal agency whose main goals are to protect consumers and to ensure a strong competitive market by enforcing various consumer protection and antitrust laws. These laws are meant to protect consumers from harmful business practices and protect the market from anti-competitive practices such as price-fixing conspiracies.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.