The Fair Trade Commission (FTC) is a government agency responsible for promoting fair competition and protecting consumer rights. It ensures that businesses operate fairly and transparently, preventing practices like monopolies and deceptive advertising. The FTC investigates complaints and enforces laws to maintain a level playing field in the marketplace. Additionally, the FTC educates consumers about their rights and the importance of fair trade practices. By fostering a competitive environment, the commission helps to enhance economic efficiency and consumer welfare. Its work supports the principles of fair trade, which aim to create equitable trading conditions for producers and consumers alike.