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The Federal Trade Commission: A Century of Protecting Consumers
A Brief History of the FTC
The Federal Trade Commission (FTC) was established in 1914 as the Bureau of Corporations. In 1915, it was renamed the Federal Trade Commission Act, and in 1919, it became an independent agency of the United States government.
Mission and Responsibilities
The FTC's mission is to protect consumers from unfair and deceptive practices. The FTC has a wide range of responsibilities, including:
- Enforcing antitrust laws
- Investigating consumer complaints
- Regulating advertising and marketing
- Educating consumers about their rights
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