Organizations/VIPs/Others Individuals and organizations that do not fit into the other star categories.
Federal government commission established to regulate trade and administer consumer protection laws.
"When the FTC was created in 1914, its purpose was to prevent unfair methods of competition in commerce as part of the battle to 'bust the trusts.' Over the years, Congress passed additional laws giving the agency greater authority to police anticompetitive practices. In 1938, Congress passed a broad prohibition against 'unfair and deceptive acts or practices.' Since then, the Commission also has been directed to administer a wide variety of other consumer protection laws, including the Telemarketing Sales Rule, the Pay-Per-Call Rule and the Equal Credit Opportunity Act. In 1975, Congress gave the FTC the authority to adopt industry-wide trade regulation rules."
"About the Federal Trade Commission," www.ftc.gov (accessed Sep. 27, 2007)
Federal government commission
$240,239,000 (requested budget for fiscal year 2008)
Deborah Platt Majoras, Chairman
# of Offices:
One headquarters (Washington, DC), seven regional offices
# of Staff:
Bureaus of Consumer Protection, Competition and Economics