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Maria Robinson
Verified
Contributor, GoodRx Blog
Philadelphia
Beats
Biography
photography, social issues, non-fiction, walking mental health, diet,Health, climate change books, self help, anxiety and depression, nutrition arts and events, food and drink, London, UK travel
Politics, Tech
Content
Company Info
GoodRx Blog
The Federal Trade Commission (FTC) is a U.S. government agency dedicated to protecting consumers and promoting fair competition in the marketplace. Established on September 26, 1914, the FTC began operations in 1915 and has since played a crucial role in enforcing antitrust laws and consumer protection regulations. The agency is headquartered in Washington, D.C., in a building that reflects its historical significance. The FTC's mission focuses on two main areas: safeguarding consumers from deceptive practices and ensuring competitive markets. It investigates and litigates cases against companies that violate laws, provides consumer education resources, and advocates for fair market practices. The agency enforces several key statutes, including the FTC Act and the Clayton Antitrust Act, and operates through various bureaus that specialize in competition, consumer protection, and economics. With a structure that includes five commissioners appointed by the President, the FTC collaborates with consumers, businesses, and legislative bodies to foster a fair and informed marketplace. Its efforts have led to significant achievements in breaking up monopolies, penalizing false advertising, and enhancing data privacy protections.
Washington, District of Columbia, United States
+1 202-326-2222
Founded: 1914