Definitions for "Federal Trade Commission"
Federal agency empowered to prevent persons or corporations from using unfair methods of competition in commerce. They are now involved with monitoring commerce on the Internet, especially with regard to its growth, content, and potential for fraudulent activity.
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The federal agency that has the primary responsibility for protecting consumers and business from anticompetitive behavior and unfair and deceptive practices. The FTC regulates advertising and promotion at the federal level. [Go to source