What does federal trade commission mean?
Definitions for federal trade commission
fed·er·al trade com·mis·sion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word federal trade commission.
Princeton's WordNet
Federal Trade Commission, FTCnoun
an independent agency of the United States federal government that maintains fair and free competition; enforces federal antitrust laws; educates the public about identity theft
Wikipedia
Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust enforcement with the Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 with the passage of the Federal Trade Commission Act, signed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations). The broad statutory authority granted to the FTC provides it with more surveillance and monitoring abilities than it actually uses.: 571 The FTC is composed of five commissioners, who each serve seven-year terms. Members of the commission are nominated by the President and subject to Senate confirmation, and no more than three FTC members can be of the same party. One member of the body serves as FTC Chair at the President's pleasure, with Commissioner Lina Khan having served as chair since June 2021.
ChatGPT
federal trade commission
The Federal Trade Commission (FTC) is an independent government agency in the United States established in 1914 by the Federal Trade Commission Act. Its primary purpose is to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices. The FTC also provides information to help consumers spot, stop, and avoid scams and fraud. The agency accomplishes its mission through law enforcement, advocacy, and education.
Wikidata
Federal Trade Commission
The Federal Trade Commission is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of consumer protection and the elimination and prevention of anti-competitive business practices, such as coercive monopoly. The Federal Trade Commission Act was one of President Woodrow Wilson's major acts against trusts. Trusts and trust-busting were significant political concerns during the Progressive Era. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq. Over time, the FTC has been delegated the enforcement of additional business regulation statutes and has promulgated a number of regulations.
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Numerology
Chaldean Numerology
The numerical value of federal trade commission in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of federal trade commission in Pythagorean Numerology is: 3
Examples of federal trade commission in a Sentence
The most important fact in this case, which Federal Trade Commission does not mention in Federal Trade Commission 53-page complaint, is that it cleared these acquisitions years ago, the government now wants a do-over, sending a chilling warning to American business that no sale is ever final.
PCI SSC has an ongoing and productive dialogue with the The Federal Trade Commission and looks forward to discussing the NRF's letter with them.
One criticism of the FTC's (U.S. Federal Trade Commission) decision is that it has done nothing to change Facebook's business model, or the way that Facebook will handle personal data. The decisions that we make here have to have an impact, in terms of how the GDPR must be applied.
European Justice Commissioner Vera Jourova:
The main problem is the responsibilities of the European data protection authorities and of the U.S. counterpart, the Federal Trade Commission: they should implement the requirements and deal with the complaints of citizens.
The organization noted that nearly 50,000 consumers joined an online petition last month favoring the FCC's privacy rules. And in a nationally representative CR Consumer Voices Survey, 65 percent of Americans said they were either slightly or not at all confident that their personal data is private and not distributed without their knowledge. Florida Sen. Bill Nelson before the vote on Wednesday said the rules put American consumers — each one of us who pay these monthly fees for their broadband service — in the driver's seat of how our personal data is used and shared. Is that too much to ask ? I don't think so. The resolution will still have to pass the House of Representatives, which it is likely to do, and then be signed by President Trump. ISPs have been under the FCC's jurisdiction only since 2015, when they werereclassified as public utilitiesunder something called Title II of the Communications Act. Meantime, web-based companies such as Amazon and Google are regulated by the Federal Trade Commission( FTC), and face less stringent requirements. Republican legislators and lobbyists from cable, telecom, and advertising industries say that difference in regulation is unfair. Sen. John Thune( R-SD) said Wednesday that the FCC had unfairly distorted the marketplace when it imposed unnecessarily onerous privacy restrictions on broadband providers while leaving the rest of the internet under the strong and successful regime at the FTC. The federal government could move authority over ISPs back to the FCC. However, that would be a complex process, and one not favored by advocacy groups, including Consumers Union. Any fondness for the FTC’s approach to privacy is merely support for dramatically weaker privacy protections favored by most corporations, the organization wrote in a letter to senators earlier this week. There is no question that consumers favor the FCC’s current broadband privacy rules. The measure passed by a 50-48 vote along party lines The Senate Thursday. To roll back the rules, Republican senators employed a legislative maneuver that prevents the FCC from adopting ‘ similar ’ rules, even far weaker ones, to protect internet users in the future.
Translations for federal trade commission
From our Multilingual Translation Dictionary
- Comisión Federal de ComercioSpanish
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"federal trade commission." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/federal+trade+commission>.
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