Importance of FTC Law

The FTC is an independent agency founded in 1914. The FTC law is the power that gives the agency to do actions and investigations against fraudulent practices of business. The FTC Law Firm can investigate the small or medium-sized companies to the large or globally recognized industries anyone who violates the FTC laws or harm the rights of consumers. The Federal Trade Commission ACT of 1914 gives enables the agency that it can address all types of Dishonest or fraudulent acts of business that harm the rights of the consumer. The various types of FTC laws safe the rights of consumers. The FTC significant laws are

1.Antitrust law

2.Clayton Act 



Antitrust Law

Antitrust is the most significant FTC law that covers almost all areas of commerce except insurance companies, banks, communication and transportation companies air carriers, and some other entities. The antitrust law gives the power to the agency that can do action on the efforts and activities that harm the rights of consumers. 

The agency’s Section S(a) gives power to the agency to investigate the acts and practices that the companies do because of competition among businesses. If any actions violate the consumer rights such as high pricing and etc. then section 5 (a) will protect the rights of consumers. 

Clayton Act 

Clayton Act is also under section 5(a) because of which FTC ensures compliance to monitor all the orders. 

The FTC is a high-ranking agency because of its success and meaning full performance since it was created till today. All accomplishment of FTC is due to the team of most qualified professionals that FTC has and the advancement and up to date and effective reviews of laws. The FTC laws and guides are reviewed on a rotating basis which is why the FTC laws and guides are changed or made news with the changes in the market since 1992. Because of this frequent and timely changes in laws covers all the areas of business that will benefit the consumers of each and every new business platform and tactic. 

the FTC address the complaints of the consumers so, each and every consumer can submit the complaint and FTC will definitely address your complaint. The FTC laws are made to protect the right of every consumer that’s why the agency also use some tools such as workshops, conferences, hearings, and educational program for consumer and business.

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