The Federal Trade Commission (FTC) is a U.S. government agency established in 1914. Its primary mission is to protect consumers and promote competition by preventing unfair, deceptive, or fraudulent business practices. The FTC enforces various laws and regulations to ensure that markets operate fairly and that consumers have access to accurate information about products and services.
In addition to consumer protection, the FTC also focuses on antitrust enforcement, which involves monitoring mergers and acquisitions to prevent monopolies. The agency conducts investigations, provides educational resources, and takes legal action against companies that violate consumer rights or competition laws, ensuring a fair marketplace for all.