Politics & Government

Establishment of the Federal Trade Commission

The Federal Trade Commission (FTC) was established through the Federal Trade Commission Act, signed into law by President Woodrow Wilson. This new agency was charged with preventing unfair business practices and ensuring fair competition in the marketplace. It was created amidst growing concerns about monopolistic practices and the need for regulatory authority to oversee corporate behavior. The FTC began its operations shortly after its establishment, with implications for both consumers and businesses across the United States.

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