Under this Act, as amended, the Commission is empowered, among other things, to (a) prevent unfair methods of competition and unfair or deceptive acts or practices in or affecting commerce; (b) seek monetary redress and other relief for conduct injurious to consumers; (c) prescribe rules defining with specificity acts …
Q. What does the Federal Trade Commission enforce?
The FTC enforces federal consumer protection laws that prevent fraud, deception and unfair business practices. The Commission also enforces federal antitrust laws that prohibit anticompetitive mergers and other business practices that could lead to higher prices, fewer choices, or less innovation.
Table of Contents
- Q. What does the Federal Trade Commission enforce?
- Q. What is the Federal Trade Commission’s primary goal?
- Q. What is the Federal Trade Commission’s Bureau of Consumer Protection?
- Q. What was the purpose of the Federal Trade Commission Act?
- Q. What is the Federal Trade Commission Act quizlet?
- Q. What is the purpose of the Federal Trade Commission’s four P’s test?
- Q. What did the Federal Trade Commission Act do quizlet?
- Q. What’s the purpose of the Federal Trade Commission’s four P’s test?
- Q. What are the 3 primary statutes laws governing the FTC’s competition mission?
- Q. What type of regulatory power does the Federal Trade Commission have quizlet?
- Q. What is the purpose of the Federal Trade Commission FTC )? Quizlet?
- Q. What kind of laws does the Federal Trade Commission enforce?
- Q. What kind of enforcement does the FTC do?
- Q. What does the Consumer Product Safety Commission do?
- Q. What does the Department of Justice ( DEA ) do?
Q. What is the Federal Trade Commission’s primary goal?
Our Mission. Protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity.
Q. What is the Federal Trade Commission’s Bureau of Consumer Protection?
The FTC’s Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights …
Q. What was the purpose of the Federal Trade Commission Act?
The basic statute enforced by the FTC, Section 5(a) of the FTC Act, empowers the agency to investigate and prevent unfair methods of competition, and unfair or deceptive acts or practices affecting commerce. This creates the Agency’s two primary missions: protecting competition and protecting consumers.
Q. What is the Federal Trade Commission Act quizlet?
The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace by conducting investigations, suing companies, and people that violate the law, developing rules to ensure a vibrant marketplace, and educating consumers and businesses about their rights and responsibilities.
Q. What is the purpose of the Federal Trade Commission’s four P’s test?
Revisiting Norling, he says: “For all ads regardless of the type of media, when doing disclosures or disclaimers, remember the four ‘Ps’: Proximity to triggering claim; presentation in a manner to be easily understood by the consumer; prominence — try to use same font and colors as triggering claim; and placement where …
Q. What did the Federal Trade Commission Act do quizlet?
Q. What’s the purpose of the Federal Trade Commission’s four P’s test?
Promoting stuff is big business, and smart consumers know how to use a company’s own marketing to get the most for their money. When a company is deciding how to sell something, they look at the “Four Ps” of marketing: product, price, place, and promotion.
Q. What are the 3 primary statutes laws governing the FTC’s competition mission?
Economic Growth, Regulatory Relief, and Consumer Protection Act.
Q. What type of regulatory power does the Federal Trade Commission have quizlet?
In addition to issuing cease and desist orders and getting them enforced in court, the Federal Trade Commission can seek temporary and permanent injunctions, fines, and monetary damages and promulgate trade regulation rules.
Q. What is the purpose of the Federal Trade Commission FTC )? Quizlet?
What is the Federal Trade Commission? the nation’s consumer protection agency and one of the government agencies responsible for keeping competition among businesses strong. Its job is to make sure companies compete fairly and don’t mislead or trick people about their products and services.
Q. What kind of laws does the Federal Trade Commission enforce?
The FTC administers a wide variety of laws and regulations, including the Federal Trade Commission Act, Telemarketing Sale Rule, Identity Theft Act, Fair Credit Reporting Act, and Clayton Act. In total, the Commission has enforcement or administrative responsibilities under more than 70 laws.
Q. What kind of enforcement does the FTC do?
Enforcement The FTC enforces federal consumer protection laws that prevent fraud, deception and unfair business practices. The Commission also enforces federal antitrust laws that prohibit anticompetitive mergers and other business practices that could lead to higher prices, fewer choices, or less innovation.
Q. What does the Consumer Product Safety Commission do?
The Consumer Product Safety Commission (CPSC) works to ensure the safety of consumer products such as toys, cribs, power tools, cigarette lighters, household chemicals, and other products that pose a fire, electrical, chemical or mechanical hazard. Consumers may send written inquiries to CPSC, Washington, DC 20207.
Q. What does the Department of Justice ( DEA ) do?
The Department of Justice’s Drug Enforcement Administration (DEA) works to enforce the controlled substances laws and regulations of the United States, including as they pertain to the manufacture, distribution, and dispensing of legally produced controlled substances.
